Optei (920414) has signed a framework agreement with the Hai'an City Da Gong Town Government to plan the construction of an intelligent microgrid management service project.

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【Shanghai, March 31, 2026】 Shanghai Opter Technology Venture Co., Ltd. (Stock code: 920414, Stock abbreviation: Opter) announced today that it has signed a “Framework Agreement” with the People’s Government of Dagong Town, Hai’an City, indicating a cooperation intention on the company’s new smart microgrid management service project in Dagong Town, Hai’an City. This move marks another step in Opter’s strategic layout in the green energy and smart energy sectors.

The announcement shows that, in response to national calls for energy conservation, emission reduction, and green energy transformation, Opter will establish a wholly owned subsidiary in Dagong Town, Hai’an City—Hai’an Smart Energy Management Service Co., Ltd. (tentative name, subject to registration with the market supervision authority), with a registered capital of 10 million yuan. This subsidiary will be fully responsible for the operation, management, and development direction of the smart microgrid management service project.

The core content of the project includes the implementation of microgrid technology and the operation and management of the smart microgrid management service platform, specifically covering microgrid engineering, construction and operation of the service platform, and virtual power plant platform. The Hai’an City government will promote green energy transformation through technological innovation policies and incentives, and prioritize support for demonstration microgrid projects.

According to the agreement, the Hai’an City government will provide various support to Opter and the new subsidiary, including creating a favorable investment environment, assisting with registration and project approval procedures, and, in compliance with laws, regulations, and policies, offering comprehensive policy support such as technological innovation, tax incentives, financing support, element guarantees, and market promotion. Opter is required to fulfill its investment obligations as stipulated, promote the establishment of the new company and project implementation, and be responsible for the technology deployment and demonstration project construction of the microgrid. Under government support, the company will promote regional energy management and hosting services to help reduce energy costs and improve efficiency.

Opter stated that the signing of this framework agreement aligns with the company’s development direction in green and smart energy, helps expand the market for smart microgrid management services, promotes the implementation of microgrid technology and virtual power plant business, optimizes business layout, and enhances overall competitiveness and industry influence.

However, the company also notes that this agreement is a framework cooperation arrangement, and the specific project implementation, investment progress, and operational results will be subject to subsequent special agreements and actual progress. Project implementation may be affected by policy adjustments, administrative approvals, market environment, and technological changes, which involve certain uncertainties and do not constitute a forecast or promise of the company’s future performance.

It is understood that Dagong Town in Hai’an City has strong comprehensive strength, has been listed among the top 1,000 towns in China for many years, with a solid industrial base, a strong innovation atmosphere, and a favorable business environment. In recent years, the town has vigorously promoted green energy projects such as photovoltaic assistance and fishery-light complementary projects, forming a green energy development model of “village-enterprise co-construction, standardized operation, and benefits for the people,” providing mature application scenarios and a good industrial ecosystem for the implementation of new energy projects like smart microgrids and virtual power plants.

This cooperation is an important step for Opter to deepen its layout in the smart energy field. The company will follow legal procedures and disclose information according to specific investment plans. The market will continue to monitor the project progress and its impact on the company’s future development.

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Editor: Xiao Lang Express