LE SYSTEM leverages vanadium electrolyte manufacturing technology and storage system design know-how cultivated in Japan to develop a technology licensing business model in the global market. We are currently preparing to expand our business operations in the Chinese market.
A prime example is our partnership with the RS Energy Group (a Chinese corporation), a consolidated subsidiary of RS Technologies. Details will be announced as preparations are finalized.
LE SYSTEM provides technical guidance and know-how to multiple electrolyte manufacturing sites in China (e.g., WDX/Panzhihua/Binzhou), establishing local production and supply systems. In return, we continuously receive a certain percentage of the sales from RS Energy Group's China operations as "technical guidance fees".
LE SYSTEM aims to export energy storage technology as industrial infrastructure, not just products. Our "technical guidance fee model" serves as a highly reproducible revenue foundation in our global strategy.