en.Wedoany.com Reported - On June 21, 2026, China CAMC Engineering Co., Ltd., the flagship listed company of China National Machinery Industry Corporation (Sinomach), announced that its wholly-owned subsidiary, China IPPR International Engineering Co., Ltd., recently signed a general contracting agreement with Anhui Yuankong Storage and Charging New Energy Technology Co., Ltd. for the 100MW/102MWh independent hybrid energy storage power station project in Changfeng County, Hefei City, Anhui Province. The total contract value is 1.127 billion yuan, accounting for approximately 9.75% of CAMCE's total operating revenue of 11.5675 billion yuan in 2025.
The 100MW/102MWh independent hybrid energy storage power station EPC project in Changfeng County, Hefei City, Anhui Province, is located in Hefei City, Anhui Province. The total contract amount is 1,127.38 million yuan, covering survey and design, procurement, construction, testing, commissioning, inspection, and acceptance of the entire energy storage station. The project duration is 244 days from the start of construction.
The contract is a provisional total price contract with a total amount of 1,127.38 million yuan. The contract price will be adjusted according to the mechanism agreed upon in the special contract conditions, based on the construction drawing budget prepared by a third-party cost consulting firm commissioned by the employer and reviewed and confirmed by both parties. The employer will pay the contractor design fees, equipment procurement costs, and construction and installation expenses in accordance with the time, method, and amount specified in the contract.
The project owner is Anhui Yuankong Storage and Charging New Energy Technology Co., Ltd., established in May 2024 with a registered capital of 5.77 million yuan, located at No. 1298 Zhongshan Road, Baohe District, Hefei City. It is a subsidiary of Yuandian (Beijing) Flywheel Energy Storage Technology Co., Ltd. Yuankong Storage and Charging is a standard setter and scenario application expert in flywheel energy storage technology, having built two intelligent manufacturing bases for flywheel energy storage equipment in Hefei and Zhuzhou. Its business covers grid-side frequency regulation, thermal power plant flexibility retrofitting, rail transit energy recovery, district energy storage, data centers, new energy vehicle ultra-fast charging stations, and emergency energy.
CAMCE is affiliated with the state-owned Sinomach Group. Its predecessor was the Complete Plant Engineering Department of China National Engineering and Agricultural Machinery Import and Export Corporation, established in 1982. It was formed in 2001 to expand overseas EPC business and listed on the Shenzhen Stock Exchange in 2006. The company focuses on three major business segments: design consulting and engineering contracting, development and application of advanced engineering technology and equipment, and engineering investment and operations. It is building a development framework with the company's international operation capabilities, overseas EPC project management expertise, and financing advantages as the "core," and the top-tier design consulting of its subsidiary China IPPR International Engineering Co., Ltd. (China IPPR) and the advanced equipment R&D and manufacturing strengths of Beijing Materials Handling Research Institute Co., Ltd. (BMH) as the "two wings."
CAMCE stated that the execution of this contract will help the company expand into the new hybrid energy storage sector, improve its new energy business layout, and align with national energy development plans and the company's medium- to long-term strategic positioning.
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