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Roan Holdings Group Provides Industrial Operation Services that Help Launch the Yangtze River Delta Energy Storage International Research and Development Center and Energy Storage Battery Super Pilot Line

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Roan Holdings Group provides industrial operation services that help launch the Yangtze River Delta Energy Storage International research and development center and energy storage battery super pilot line.

Roan Holdings Group Co., Ltd. (“Roan” or the “Company”) (OTC Pink Sheets: RAHGF and RONWF), a comprehensive solution provider for industrial operations and capital market services in China, with a focus on the new energy, new materials, and semiconductor industries, announced that Roan has assisted Yangtze River Delta Energy Storage Technology Group Co., Ltd (“Delta Energy Storage”) in establishing the Yangtze River Delta Energy Storage International Research and Development Center (the “Delta International R&D Center”), which has developed a state of the art “Super Pilot Line” for the development of new energy storage batteries. This achievement represents a significant milestone in Roan’s “whole process, whole life cycle” industrial operation services provided to Delta Energy Storage.

The Delta International R&D Center aims to attract talent from various related sectors including, new energy battery material sciences, equipment technology, structural formulations and system integration and anticipate to staff core technicians from some of the most notable organizations in the international battery industry space.

It also aims to cooperate with well-known domestic institutes and industry-leading foreign institutes. The Delta International R&D Center plans to research and study new battery products, develop material systems in connection with the battery sector, develop technological service offerings, advance the verification and testing of battery products, and develop information management systems.

The Delta International R&D Center consists of four major research and development institutes which are the Battery Material Research Institute, the Battery Product Technology Research Institute, the Energy Storage System Research Institute, and the Energy Storage Battery Equipment Research Institute. These institutes are expected to provide robust support and serve as a backbone to the production bases in the future.

The “Super Pilot Line” project for energy storage batteries was built by Delta Energy Storage, with a total investment of RMB 210 million and a production capacity of 0.7GWH, and is compatible with three forms of battery products and material technologies (square, cylindrical, and soft pack).

This project stands out among similar projects in China due to its combination of large construction investment, significant production capacity, comprehensive product layout, and well-developed facilities. Furthermore, the Super Pilot Line has an international leading research and development center and world-class manufacturing team.

The principal research of the Super Pilot Line is intended to utilize research and development expertise from experts in leading international battery companies and to focus on battery product development, material system development, production technology service, testing and verification, and information management.

Delta Energy Storage’s product development plan includes various energy storage battery products, such as lithium iron phosphate, lithium titanate, sodium ion, and solid state batteries.

Mr. Junfeng Wang, the Chairman of Roan, commented:

We are very excited to collaborate with Yangtze River Delta Energy Storage Technology Group Co., Ltd to establish the Delta International R&D Center and the energy storage battery “Super Pilot Line”.

This represents one of the most significant achievements for Roan industrial operation services in Jiaxing. It once again demonstrates the ability of Roan to aggregate industrial operation resources, coordinate business integration and operations, and excel in marketing. It validates the advantages of Roan’s “whole process, whole life cycle” industrial operation services n and lays a solid foundation for the development of industrial projects in the future.”

“After signing the investment cooperation agreement with the Jiaxing government in June 2022, Roan adhered to technology-driven development strategy.”

“Roan attracted and recruited top international talents to assist Delta Energy Storage and supported Delta Energy Storage to build an international research and development team with core technicians from leading international battery companies. Additionally, Roan also helped Delta Energy Storage to establish research and development institutes in Jiaxing and Hangzhou, respectively and plans to partner with Delta Energy Storage to develop an additional research and development institute in Sendai, Japan.”

“In the past three months, Roan has worked together with various construction enterprises, equipment vendors, and project teams to build the domestic leading energy storage battery “Super Pilot Line” project for Delta Energy Storage with efficient construction speed and excellent construction quality as guiding standards.”

“Under Roan leadership, Delta Energy Storage attracted over 100 upstream and downstream supply chain enterprises to participate in the Super Pilot Line project kick-off event, and signed contracts with a number of important domestic energy enterprises.”

“The achievement of this industrial operation services project between Roan and Delta Energy Storage in Jiaxing has strengthened our confidence in the Company’s ability to consistently and steadily achieve positive economic returns in the industrial operation business.”

“As the project continues to advance and gain market recognition, we believe that our industrial operation services will demonstrate sustained growth in service and operations revenue and investment returns. This performance will deliver favorable financial returns in the future for our shareholders.”

About Roan Holdings Group Co., Ltd.

Founded in 2009, Roan Holdings Group Co., Ltd. (OTC Pink: RAHGF and RONWF) is a comprehensive solution provider for industrial operation and capital market services. Adhering to the platform strategy of “cross collaboration, technology empowerment, sustainability and stability, and combination of operation and finance resources”, the Company’s services focus on the new energy, new materials, and semiconductor industries.

At the same time, the Company focuses on the application of innovative technologies in the consumer industry with respect to financial consumption, cultural and tourism consumption, and great health ecosystem.

Roan aims to provide comprehensive solutions and supporting services for diversified institutional and local government clients across the entire industry chain. Roan has operational headquarters in Hangzhou, and subsidiaries in Hangzhou, Ningbo, Shaoxing and Tianjin. For more information, please visit: www.roanholdingsgroup.com.

READ the latest Batteries News shaping the battery market

Roan Holdings Group Co. Provides Industrial Operation Services that Help Launch the Yangtze River Delta Energy Storage International Research and Development Center and Energy Storage Battery Super Pilot Line, HANGZHOU, China, Aug. 11, 2023

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