According to CoinMeta, Shaoyang Hydraulic announced that the consortium it formed with Huazi Technology had previously received a "Winning Bid Notice" from China Second Metallurgical Construction Group for the energy storage system equipment and substation equipment of the 200MW/600MWh grid-connected independent energy storage project. Recently, the company signed an "Intentional Deposit Agreement" with China Second Metallurgical Construction Group, paying an intentional deposit of 46.1 million yuan; the consortium also signed a "Material Procurement Contract" with the Construction Engineering Technology Branch of China Second Metallurgical Construction Group, with a contract value of 462 million yuan (including tax), which is consistent with the winning bid amount. This amount represents the total contract value for the consortium, and the company expects to bear approximately 180 million yuan (including tax) in terms of supply and services.