Eddie Precision announced on the evening of November 15 that，Intends to invest 1.200 million yuan acquisition of Yien New Power Technology(Shandong)Limited Company 100%Equity。

It is understood that，Yien New Power Technology(Shandong)Ltd. is a leading battery system integrator in China.,Provide construction machinery power battery system for the industry、Overall solution of motor electronic control system。Eddie Precision said，The smooth implementation of this transaction，It will be conducive to the overall propulsion of the motor.、Electrically controlled、Battery、Development of energy storage and other related products and core technologies。

Following the upward trend of industry prosperity，Energy storage market is getting hotter and hotter。Judging from this year's development,,The energy storage market continued its high prosperity in 2021.，The industry expects 2022 to 2025，At least 24 million kilowatts of new energy storage markets are waiting to be developed.。

In this context，Ningde Times、Penghui Energy、Power battery giants such as Yiwei Lithium Energy have made intensive moves，EvenSTLong Jing、Shenghong Group、Black sesame and other enterprises that had nothing to do with the energy storage industry also began to compete for the energy storage track.。According to incomplete statistics，Since this year，More than 20 listed companies that had nothing to do with energy storage have tried to cross the border into the energy storage industry.。

With the increase of enterprises entering the market，Energy storage battery technology innovation also emerges in endlessly.，At this stage，The energy storage system for lithium iron phosphate batteries has become the mainstream choice in the market.，The first seven months of this year，Domestic lithium iron phosphate energy storage accounts for 90% in the field of electrochemical energy storage%Above。

At the same time，Rising star vanadium battery with its own safety、Environmental protection、Characteristics such as ultra-long cycle times，It is expected to become an important part of electrochemical energy storage.。

The industry believes，Although China's energy storage market is developing rapidly，When there is still a high technical threshold，And with the accelerated layout of multi-industry giants，Market competition will be more intense.，Enterprises need to be cautious about cross-border entry。