Solax Power Announces Initial Orders for ORI Series Large-Scale Energy Storage System

Deep News07-09

On July 9th, Solax Power Network Technology(Zhejiang) Co.,Ltd. responded to investor inquiries via an interactive platform, indicating that its ORI series large-scale energy storage system has secured some initial orders.

The company noted, however, that this product currently constitutes a low proportion of its overall revenue and is not expected to have a significant impact on its current period's financial performance at this stage. Investors are advised to be mindful of the associated investment risks.

Regarding plans for mass shipments of the large-scale storage system, the company stated it will proceed with related work in an orderly manner, based on market demand conditions and the pace of order releases.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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