Zhitong Financial APP News, double Ring Technology (000707.SZ) notice that the company intends to sign a "Cooperation intention Agreement" with SPIC Jingchu Energy Co., Ltd., and the company intends to cooperate with SPIC Jingchu Energy Co., Ltd. to build a 300MW-class compressed air energy storage power plant in Yingcheng by leasing and transferring salt cave resources.

If the cooperation project is finally implemented, the company will take the mode of renting or transferring salt caverns, which may bring certain benefits to the company. At that time, the two sides still need to sign a formal cooperation agreement to determine the impact on the company.