SOS Limited (NYSE: SOS) ("the Company" or "SOS") today announced entering of a strategic framework agreement with Lepu Sodium Power (Shanghai) Technology Co., Ltd., marking the initial step forward in their collaboration in the field of green solution energy. The partnership is intended for Lepu Sodium Power to provide electricity optimizing solutions to SOS for its computing and data centers.
As a high-tech enterprise specializing in blockchain technology, SOS Limited boasts extensive expertise in big data, cloud computing, IoT, and digital solutions. In recent years, the Company has been committed to delivering digital transformation services worldwide by leveraging blockchain technology, and satellite communications. SOS has successfully developed an international blockchain-powered digital trade platform and supercomputing data service centers.
Lepu Sodium Power brings extensive experience in photovoltaic cells, energy storage technologies, and sodium-ion battery materials, and has initiated related manufacturing projects.
Under the agreement, both parties intend to establish a long-term and stable partnership based on mutual trust and equality while sharing their respective resources. They will work closely to develop collaborative plans, address potential challenges, and promote project implementation. All information provided by the parties in the partnership will remain strictly confidential to maximize the mutual benefits.
"We intend to work with Lepu Sodium Power to optimize our electricity use by exploring green energy solutions." said Wang Yandai, the CEO of SOS Limited. "Partnering with an industry leader like Lepu Sodium Power will help us achieve greater breakthroughs in green energy."