Langxin Technology: The company has already partnered with renewable energy power generation companies in the Northwest region to develop AI forecasting and electricity trading businesses.

Jingji Daily AI Express: Investors asked on an investor interaction platform: Hello, Secretary of the Board:

1. In the Northwest base, photovoltaic/wind power installed capacity exceeds 100GW, but the curtailment rate is 15%–30%. The core issue is insufficient local consumption and limited interprovincial transmission channels. Has Langxin’s VPP aggregation, AI forecasting, and compute-and-power coordination already been piloted in the Northwest? What are the current aggregation capacity, trading electricity volume, and utilization efficiency?
2. Offshore wind power is concentrated in the Yangtze River Delta region (Jiangsu, Zhejiang, Shanghai) and Guangdong, with high load density and high electricity prices, but also strong intermittency, difficulty connecting to the grid, and insufficient ancillary services. Are Langxin’s virtual power plant projects in Jiangsu and Guangdong already connected to offshore wind power? How do you achieve integrated utilization across offshore wind power + energy storage + loads + trading?

Langxin Technology (300682.SZ) stated on April 8 on the investor interaction platform that the company has already cooperated with renewable energy generation enterprises in the Northwest region to develop AI forecasting and electricity trading business, helping renewable energy generation enterprises with their on-grid trading. Currently, there is no project connected to offshore wind power. Langxin Technology is an AI company engaged in energy services and operations. It is committed to linking tens of millions of electricity load users and millions of power supply assets, making energy services and operations more efficient, more inclusive, and greener with leading AI technology. Relying on the high-precision time-series forecasting capability of the “Langxin Nine-Powers AI Energy Model,” the company has built an AI trading system centered on the “Nine-Powers” trading agents, enabling accurate forecasting of key factors such as electricity price fluctuations, load curves, and renewable energy output. This improves market price discovery efficiency. The company also expands value and revenue opportunities across multiple energy scenarios, such as electricity energy trading, regulation capacity trading, virtual power plants, smart microgrids, zero-carbon industrial parks, and compute-and-power coordination. In 2025, the company’s total trading electricity volume exceeded 6 billion kWh, which is 3 times the same period last year.

(Reporter Bi Luming)

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