The Henan Province Science and Technology Research and Development Plan Joint Fund is a new mechanism for the provincial party committee and government to implement the reform of scientific research fund management, fully leverage the financial functions of the province and city, and build regional scientific and technological innovation investment. Shunhe District took the initiative, with the main leaders personally leading the way and actively innovating the fund establishment model. Through the linkage of the provincial, municipal, and district levels, they jointly invested 60 million yuan to establish the Kaifeng Advanced Energy Storage Material Technology Research and Development Joint Fund, focusing on basic and applied research in the field of energy storage industry, focusing on solving key core technology research and development and transformation in the energy storage industry, building a new channel for talent cultivation of innovative teams, and achieving "one county (district), one industry, dual chain integration, innovation and quality improvement".

      The two key projects supported by the Energy Storage Fund in Shunhe District this time are the "Research and Development of New High end Slurry Electromagnetic Flowmeters" project submitted by Kaifeng Instrument Co., Ltd., with a funding support of 3 million yuan, and 2.4 million yuan issued this time; The "Design and Development of 70KW High Power Density Vanadium Liquid Flow Battery Single Cell Stack and Energy Storage System" project submitted by Kaifeng Times New Energy Technology Co., Ltd. has a funding support of 2.5 million yuan, and 2 million yuan has been issued this time. The project funds have been fully allocated to the project undertaking enterprise.

       Next, the Henan Energy Storage Fund will also issue two major science and technology projects in Shunhe District, with a support fund of 20 million yuan. Shunhe District will strengthen fund management in accordance with the requirements of the "Interim Measures for the Management of Joint Funds for Provincial Science and Technology Research and Development Plans in Henan Province" and other systems, ensure that project funds are calculated separately, used for specific purposes, and fully meet the technical contract requirements. At the same time, actively organize relevant enterprises to condense the reserve of energy storage fund projects for 2025.