Concord New Energy Group Ltd (Concord) is a manufacturer and service provider specializing in energy storage modules, systems for power grids and industrial and commercial applications. The company operates 83 power plants and offers a comprehensive zero-carbon solution, including power purchase packages, green power transactions, and carbon asset management. The company has developed 22 CDM/CCER projects and produces an annual green electricity output of 15 billion KWH, serving 290 customers. Its business portfolio includes contract manufacturing services for energy storage systems, reliability testing for battery cells, design services for energy storage systems, and supply chain management. The company also provides professional OEM and ODM services. CNE is involved in the development and management of carbon assets and offers low-carbon consultation services. Concord Power Consulting and Design (Beijing) Corp Ltd (CPCD), a subsidiary, provides new energy consulting, design, and EPC services, and has extensive experience in wind and photovoltaic projects.

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Concord has established a research and development base to strengthen its R&D and service capabilities continuously. The company has also put a manufacturing base into operation and successfully delivered four standalone energy storage station systems in 2023. The company is focusing on the global market layout by conducting research and analysis on renewable energy investments in selected countries, actively identifying and selecting new regions for expansion, enhancing its international development capabilities, building a robust international business team, and gradually expanding into the global market. The R&D unit of the company is the Wuhan R&D Center. This center is responsible for managing the company's R&D activities, including establishing an 800-square-meter comprehensive testing and evaluation laboratory. The laboratory is equipped with charging and discharging equipment, reliability environment simulation equipment, and other instruments and meters, enabling effective component evaluation, testing, and product verification