E-Soltec (CEO Song Jong-woon), an energy-saving structure manufacturer, will export its first energy-saving house to China. It is the third time for an overseas market to enter after Malaysia and Australia.

E-Soltec announced on the 20th that it recently exchanged a memorandum of understanding with Chen Jinseong Market Management Co., Ltd., a subsidiary of Yangkwang Lighting, a Chinese LED company, to supply key products and support technology in energy-saving houses.

The two companies agreed to develop tourism and cultural facilities, commercial commercialization models needed for the Chinese cultural content business, and to establish and operate an assembly plant in China.

Accordingly, the company decided to develop products suitable for local conditions in China by the end of next month and start technology transfer and marketing from January next year.

The entry into the Chinese market is largely divided into two areas.

First of all, energy-saving houses will be installed in China's base cities to maximize corporate and product image promotion. In addition, it plans to commercialize it as a complex town house for the rapidly growing Chinese leisure market and buildings.

Tianjin Industrial Market Management Co., Ltd. is responsible for the establishment, operation, and sales of local factories in China.

On Labor Day in May, China's biggest holiday, seven Chinese cities decided to use Isol Tech's energy-saving houses to hold cultural content businesses and corporate promotional events.

It also plans to hold a large-scale investment briefing session for government-related agencies and wealthy people. The export contract with China is about 1 billion won, but additional contracts are expected to be made.

E-Soltec expects the contract to have a significant ripple effect on overseas markets beyond simple product supply. It has secured corporate status and product trust in the Malaysian, Australian, and Chinese markets, and is even seeking additional contracts for exports to Southeast Asia, South America, and Europe.

E-Soltec energy-saving mobile home is equipped with solar modules, heat collection plates, and energy storage (ESS) systems to provide non-powered energy independence.

It can be used for zero energy buildings, garden houses, premium second houses, and emergency facilities. It is structurally, economically, and durable, and can be supplied as semi-finished and finished products.

CEO Song Jong-woon said, "We have been recognized for new technologies and convergence technologies that are difficult to find not only in Korea but also abroad as a finished product of energy-saving innovation," adding, "We will grow together with more than 20 partners who supply parts and materials.".

Gwangju = Reporter Kim Han-sik hskim@etnews.com