Huiyuan Cowins Technology Partners with Industry Leader EPS to Develop Phase-Change Energy Storage Market and Build Industry Benchmark

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EQS Newswire / 23/10/2025 / 11:47 UTC+8Huiyuan Cowins Technology Partners with Industry Leader EPS to Develop Phase-Change Energy Storage Market and Build Industry BenchmarkStrong Alliance to Establish Industry Standard and Sustain Leading Position(23 October 2025, Hong Kong) Huiyuan Cowins Technology Group Limited (“Huiyuan Cowins Technology”, together with its subsidiaries, the “Group”; stock code: 1116.HK) is pleased to announce that on 3 October 2025, it has officially signed a cooperation agreement with Environmental Process Systems Limited (“EPS”), an international leading phase-change energy storage technology supplier. This move marks the official alliance of both parties to enter the energy storage market in China. Leveraging complementary advantages in technology, resources, and markets, both parties will jointly promote the commercialization and industrial standardization of phase-change energy storage technology in China, helping Huiyuan Cowins Technology establish a benchmark position in the industry and continue to lead the energy storage market. Patented Technology Focuses on Multi-Scenario Applications to Capture Energy Storage Market in ChinaAccording to the signed cooperation agreement, Huiyuan Cowins Technology (through its subsidiary, Guangzhou Mayer Corporation Limited) holds 70% of the shares in Mayer Technology, while EPS holds 30% of the shares, injecting key technologies into the cooperation. The patented technologies cover multiple high-potential industries including agriculture, industrial, and commerce, encompassing Chilled Water Air Conditioning Applications, Passive Cooling, Heating Applications, Cold Storage Load Shifting, and Temperature Controlled Logistics. Among these, in the data center sector, it can support waste heat recovery and energy regulation to improve energy utilization rates; in central air conditioning, it enables peak loads to enhance overall system efficiency. In cold chain logistics, it reduces cold capacity losses and extends product freshness, while in agricultural facilities, it ensures stable crop growth through intelligent temperature control. In addition, both parties will strengthen emerging application directions such as mobile thermal storage/cooling vehicles continuously expanding market boundaries and seizing the initiative in industry development.Complementary Strengths of Both Parties to Acce...

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