China Haiguo Co., Ltd. Signs 1 Billion Yuan Flywheel Energy Storage Components Project in Zhangjiagang
2026-08-15 10:59
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en.Wedoany.com Reported - A high-end components project with a total investment of 1 billion yuan, covering flywheel energy storage and other sectors, recently completed its signing ceremony in Zhangjiagang. The project is invested by Zhangjiagang Haiguo New Energy Equipment Co., Ltd. (hereinafter referred to as "Haiguo Co., Ltd."), Zhangjiagang Wuyue Special Materials Technology Co., Ltd., among others, and will be constructed and operated by Suzhou Maigetai High-End Equipment Co., Ltd. Xu Ben, Secretary of the Zhangjiagang Municipal Party Committee; Ji Hengyi, Deputy Secretary of the Municipal Party Committee and Deputy Mayor; Sheng Xuehua, founder and Honorary Chairman of Haiguo Co., Ltd. and Chairman of Suzhou Maigetai High-End Equipment Co., Ltd.; and Sheng Tianyu, Chairman and General Manager of Haiguo Co., Ltd., attended the signing event.

Upon completion, the project will achieve self-sufficiency in key raw materials, promote the large-scale, industrialized, and market-oriented development of flywheel energy storage, while consolidating Haiguo Co., Ltd.'s market advantages in the forging industry, particularly in high-end niche segments.

In addition to the high-end components manufacturing project, Haiguo Co., Ltd. has recently accelerated its investment layout in the energy storage sector. According to business registration information from Qichacha, Zhangjiagang Haiguo Energy Storage Co., Ltd. was established on August 12, wholly owned by Haiguo Co., Ltd., with a business scope covering energy storage technology services, sales of photovoltaic equipment and components, and solar power generation technology services, further improving its business segments in the new energy field.

High-end equipment manufacturing is a traditional advantageous industry in Zhangjiagang, with energy equipment being a distinctive track of strong competitiveness, where multiple niche products rank among the top nationally in market share. Haiguo Co., Ltd. and Suzhou Maigetai will take this signing as a starting point to advance project construction, striving for early commissioning and capacity release. Nanfeng Town and relevant departments will provide coordinated services to ensure smooth project construction and business operations; the Zhangjiagang Municipal Party Committee and Municipal Government will continue to carry out the "Three Services" special initiative to support enterprises in investing, expanding, and growing their scale.

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