Recently, Shaoxing Municipal Bureau of Industry and Information Technology released the "Third batch of innovative small and medium-sized enterprises List in 2023". After the online declaration, the preliminary review and recommendation of the industrial and information technology authorities in various districts and the review of third-party institutions, Zhejiang Vastech Technology Co., Ltd. was successfully approved, which marked that the company has reached a new level in the field of scientific and technological innovation.

The evaluation of "innovative smes" is based on the comprehensive scoring of six indicators in three categories: innovation ability, growth and specialization, which is not only the core strength of high-quality smes, but also a clear sign of enterprise innovation ability. Innovative smes are regarded by the Ministry of Industry and Information Technology as a part of high-quality smes, which is the engine to promote high-quality economic development and an important support for building a new development pattern of enterprises.

Since its establishment, Hanway Technology has focused on providing low-cost, high-power and absolutely safe disruptive solutions for high-power energy storage scenarios, and is committed to providing one-stop energy storage services, compatible with multi-scenario, multi-scale and multi-demand energy storage markets, covering power storage, industrial and commercial energy storage, home energy storage, network energy and smart energy and other fields. Its goal is to bring about fundamental changes in the fields of power grid peak regulation, renewable energy grid-connection, rail transit power recovery, microgrids, charging and power exchange, and backup power.

Being identified as an innovative small and medium-sized enterprise in Shaoxing City this time is an affirmation of the company's efforts in the field of specialization, refinement, specificity, and novelty, and is also a recognition of the comprehensive strength of its energy storage core technology, innovation ability, management system, and market competitiveness.

With honor comes great responsibility. As an important participant in the upgrading of the energy storage industry, Vastech Technology will continue to adhere to independent innovation, increase scientific research investment and personnel training, improve technological innovation ability and service quality, and commit to growing in the field of water storage, contributing to the strength of Chinese enterprises in the energy storage industry.