REG - Invinity Energy Sys - MoU to Expand Strategic Relationships in China

Invinity Energy SystemsAnnouncement

08/09/2025 07:00

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RNS Number : 3812Y  Invinity Energy Systems PLC  08 September 2025

 

8 September 2025

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

MoU to Expand Strategic Relationships in China

Intention to significantly scale up Invinity's product development and
manufacturing operations in the region.

 

Invinity Energy Systems plc (AIM: IES) (OTCQX: IESVF), a leading global
manufacturer of utility-grade energy storage, is pleased to announce that, on
behalf of a proposed consortium of partners ("Consortium"), it has signed a
non-binding Memorandum of Understanding ("MoU") with Xiamen C&D
Corporation Limited (https://www.chinacnd.com/en/about.html) ("C&D")
targeting the establishment of manufacturing facilities for the Company's
Vanadium Flow Battery projects in Xiamen, China. The MoU was signed in the
presence of Invinity's partners and senior British and Chinese representatives
at the opening of the UK Government Pavillion today at the Chinese
International Fair for Investment and Trade (CIFIT).

 

Above: Jonathan Marren, Invinity CEO (front left) and Lin Mao, Xiamen C&D
Inc. Chairman (front right) signing the agreement in the presence of (from
left to right), Chung Fung King Jacqueline (Vice Chairman, IRL) Chen Min
(Director General, Xiamen Municipal Bureau of Commerce), Han Xiaodong (Deputy
Director General, Europe, China Ministry of Commerce), Peter Wilson, (British
Ambassador to China), Lewis Neal (British Trade Commissioner for China and
Hong Kong) and Liao Zhanghui (UESNT Executive Director)

 

The MoU envisages that C&D, with the assistance of the Xiamen Municipal
Government, will support the proposed Consortium in scaling up Chinese
manufacturing capabilities for Invinity batteries in the region. Furthermore,
C&D have indicated willingness to offer the proposed Consortium working
capital support and also provide it with access to C&D's global supply
chain platform, which is intended to accelerate the proposed Consortium's
plans to optimise procurement, logistics, and distribution for large-scale
production. C&D is a state-owned Fortune Global 500 Company operating in
supply chain operations and real estate development with annual revenues of
~$100 billion.

 

Invinity has signed this MoU on behalf of an expanded proposed consortium of
partners in the region. These include; International Resources Limited ("IRL")
(based in Hong Kong and owner and operator of the Mapochs mine in South
Africa, historically one of the largest vanadium producers globally), Baojia
New Energy (Invinity's existing manufacturing partner in China) and Guangxi
United Energy Storage New Materials Technology Limited ("UESNT"), with whom
Invinity signed a strategic partnership with on 11 July 2025.

 

The United Kingdom is the Country of Honour at the 25(th) China International
Fair for Investment & Trade (CIFIT), hosted by the Ministry of Commerce of
the People's Republic of China.

 

Invinity and C&D, along with the proposed Consortium, will proceed over
the coming months to negotiate the terms of binding agreements.

 

Jonathan Marren, Chief Executive Officer at Invinity said:

 

"With the signing of this MoU today in Xiamen, as part of the UK delegation at
CIFIT, one of the most influential international investment events in the
world attracting delegations from over 100 countries, we are signalling our
intention to continue to seek and leverage partners and their relationships to
further Invinity's interests globally.

 

This MoU, formalises our objective to further strengthen and expand our
network of valued partners in Hong Kong and China across numerous areas. We
look forward to further progressing our plans to scale up our manufacturing
and supply chain operations in the region to meet growing global demand for
our products."

 

Stay up to date with news from Invinity. Join the distribution list for the
Company's monthly investor newsletter here
(https://invinity.us13.list-manage.com/subscribe?u=5b8cb168d806f615c67752bf8&id=26dd4280e1)
.

 

Enquiries:

 

 Invinity Energy Systems plc                                 +44 (0)20 4551 0361
 Jonathan Marren, Chief Executive Officer

 Joe Worthington, Senior Director, Corporate Affairs

 Canaccord Genuity (Nominated Adviser and Joint Broker)      +44 (0)20 7523 8000
 Henry Fitzgerald-O'Connor / Harry Pardoe / Charlie Hammond

 VSA Capital (Joint Broker)                                  +44 (0)20 3005 5000
 Andrew Monk / Andrew Raca

 

Notes to Editors

 

Invinity Energy Systems plc (AIM: IES) (OTCQX: IESVF) manufactures vanadium
flow batteries for large-scale, high-throughput energy storage requirements of
business, industry and electrical networks.

 

Invinity's factory-built flow batteries run continually with no degradation
for over 30 years, making them suitable for the most demanding applications in
renewable energy production. Energy storage systems based on Invinity's
batteries are safe, reliable, and economical, and range in size from less than
250 kilowatt-hours to tens of megawatt-hours.

 

Invinity was created in April 2020 through the merger of two flow battery
industry leaders: redT energy plc and Avalon Battery Corporation. With more
than 190 MWh of systems deployed, contracted for delivery or awarded for
projects across more than 90 sites in 17 countries, Invinity is active in all
major global energy storage markets and has operations in the UK, Canada, USA
and China. Invinity Energy Systems plc is quoted in the UK on AIM and trades
in the USA on OTCQX.

 

To find out more, visit invinity.com (https://invinity.com/?utm_source=rns) ,
sign up to our monthly Investor Newsletter here
(https://invinity.us13.list-manage.com/subscribe?u=5b8cb168d806f615c67752bf8&id=26dd4280e1)
or contact Investor Relations on via +44 (0)20 4551 0361 or ir@invinity.com
(mailto:ir@invinity.com) .

 

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