On August 27, Putai New Energy headquarters and sodium ion PACK battery project signed a contract to settle in Xuzhou Economic Development Zone, Jiangsu province. The project is mainly engaged in sodium ions Pack Battery and the comprehensive operation of research and development, production, sales and after-sales service of energy storage system products. At present, the project standard plant has been selected, the enterprise registration and bank account opening have been completed in advance, and it is planned to be put into production in next February.

According to Public Information, Putai Energy Technology Co., Ltd. is a new type of integrated power supplier service provider of integrated source network and storage power established by State Grid members, State Grid industry group holding company and state grid holding company. Focusing on new technologies, new products, new formats and new models, the company has carried out virtual power plants, microgrid and sodium ion battery industry chains around the group's strategy, including positive and negative raw materials, cell, investment mergers and acquisitions of enterprises such as PACK and BMS, initiation of the establishment of comprehensive smart energy and other asset investment camps, and equity investment business of listed and non-listed companies.