Built for industrial parks, factories and commercial facilities, the portfolio combines liquid-cooled energy storage, flexible system architectures and cloud-based management to support smarter energy flexibility for global businesses.
SHENZHEN, China, June 3, 2026 /PRNewswire/ -- Topband New Energy, together with its energy brand Ecosolex, is presenting its commercial and industrial energy storage portfolio at SNEC 2026, held from June 3 to 5 at the National Exhibition and Convention Center in Shanghai. Visitors can meet the Ecosolex team at Booth 5.1H-B530.
As renewable energy penetration increases, commercial and industrial users are facing a new stage of energy management. Electricity cost optimization, PV self-consumption, peak demand control, backup power, operational resilience and carbon reduction are becoming connected business priorities. In this context, energy storage is moving beyond standalone hardware and becoming a core asset for more flexible, visible and controllable energy operations.
At SNEC 2026, Ecosolex is showcasing a scenario-built C&I storage portfolio centered on three product lines: the EcoStor C Series, the Flexo Series and the Valtrix String 3.0 containerized energy storage system. Together with Ecosolex's cloud-based energy management capabilities, the portfolio is designed to support different project scales and operating conditions across industrial parks, factories, commercial buildings and distributed PV-plus-storage applications.
The EcoStor C Series is positioned as Ecosolex's core C&I storage solution for mainstream user-side applications. The series includes the M125G261A liquid-cooled integrated energy storage system and the P125G261A liquid-cooled PV & ESS all-in-one system. Both are based on a 125kW/261kWh configuration with integrated battery modules, BMS, PCS, EMS, fire protection and liquid cooling.
The M125G261A is designed for grid-connected C&I applications such as peak shaving, demand management and PV self-consumption. With at least 243kWh of usable energy, IP55 protection, an operating temperature range of -20°C to 55°C and a cycle life of at least 8,000 cycles, the system is built for reliable outdoor operation. Its built-in EMS connects with the Topband cloud platform to support remote monitoring, revenue calculation, data analysis, remote upgrades and cloud-based alerts.
For projects requiring tighter integration between solar generation, storage and backup power, the P125G261A provides a PV & ESS all-in-one architecture. It supports compatibility with PV, grid and diesel generator scenarios, while enabling demand control, anti-backfeed, dynamic reactive power compensation, black-start capability and backup switching in less than 10 milliseconds. This makes it suitable for C&I users seeking higher PV utilization, stronger operational continuity and more coordinated energy management.
The Flexo Series addresses more flexible C&I deployment needs. Flexo 50 is a compact 30kW/53.7kWh all-in-one PV and energy storage system designed for solar self-consumption, backup power, diesel generator replacement and VPP-related scenarios where applicable. Delivered as a pre-assembled cabinet, it reduces on-site installation work and supports seamless on/off-grid switching within 10 milliseconds. Up to six cabinets can be connected in off-grid parallel operation, covering a 30kW to 180kW power range.
For medium-sized C&I projects with higher capacity requirements, Flexo 200 provides a more expandable liquid-cooled battery cabinet option. It supports flexible capacity configurations of approximately 104.48kWh, 156.72kWh and 208.96kWh, with 50kW or 100kW inverter matching depending on project needs. With IP55 protection, liquid cooling, aerosol-based fire suppression and an operating temperature range of -30°C to 55°C, Flexo 200 is designed for outdoor C&I storage and distributed PV-plus-storage applications where configuration flexibility is essential.
For higher-capacity user-side projects, Ecosolex is presenting Valtrix String 3.0, a 1.5MW/3.13MWh string-based containerized energy storage system. Designed for medium- and large-scale C&I applications, industrial parks and distributed PV-plus-storage projects, the system adopts a string-based architecture to support refined battery cluster management, improved system availability and easier operation and maintenance.
Valtrix String 3.0 uses 314Ah LFP cells, active balancing and liquid cooling to support stable system performance in demanding C&I environments. It offers a maximum round-trip efficiency of at least 90%, IP55 protection, standard C4 corrosion protection with C5 available as an option, and an operating temperature range of -30°C to 50°C. Its multi-layer fire suppression, active ventilation and multi-sensor diagnostics are designed to strengthen safety and long-term reliability. The product is positioned for user-side C&I and industrial park applications, rather than grid-side or utility-scale storage projects.
Beyond hardware, Ecosolex is also highlighting its cloud-based energy management capabilities. The platform enables unified monitoring and management of PV generation, energy storage and energy consumption. Through data visualization, remote operation, performance analysis and strategy optimization, customers can turn distributed energy assets into a more transparent and manageable operating system.
For industrial parks, factories and commercial facilities, this matters because energy storage is no longer only about storing kilowatt-hours. It is about coordinating generation, load and operating strategy to improve energy cost performance, renewable energy utilization and business resilience. With stronger digital management, C&I storage systems can also provide a foundation for future participation in demand response or VPP models where local market mechanisms allow.
Ecosolex's presence at SNEC 2026 reflects Topband New Energy's broader strategy in the energy sector: combining long-standing expertise in intelligent control, power electronics, battery management and system integration with practical energy solutions for global markets. Rather than relying on a single one-size-fits-all product, Ecosolex is building a portfolio shaped around real project conditions, from compact distributed systems to larger park-level user-side storage.
While C&I energy storage is the core focus at SNEC 2026, Ecosolex also continues to develop a broader global portfolio covering residential energy storage, PV-storage solutions and cloud-based energy management. In international markets such as Europe, Australia, Southeast Asia and Latin America, residential and small commercial storage remain important parts of the energy transition. Ecosolex's broader portfolio is designed to support diverse user needs across household backup, PV self-consumption and C&I energy optimization.
Looking ahead, Topband New Energy will continue to strengthen Ecosolex's C&I storage portfolio, cloud-based management capabilities and global market adaptability. Through safer storage hardware, flexible system architectures and intelligent energy management, Ecosolex aims to help customers build energy systems that are cleaner, more resilient and more economically valuable.
Visitors are welcome to meet the Ecosolex team at Booth 5.1H-B530 during SNEC 2026, from June 3 to 5, at the National Exhibition and Convention Center in Shanghai.
About Ecosolex
Ecosolex is the energy brand of Shenzhen Topband Co., Ltd., focusing on energy storage, PV-storage integration and digital energy management. Backed by Topband's expertise in intelligent control, power electronics, battery management and system integration, Ecosolex provides energy solutions for residential, commercial and industrial customers worldwide, with a focus on safe, reliable and sustainable energy systems.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Topband New Energy Presents Ecosolex C&I Storage Portfolio for the Flexibility Era at SNEC 2026
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Partners with HSBC to Launch Hong Kong Dollar Money Market ETF Tokenised Class
Signs an MoU with OSL for Exclusive VATP Onboarding Collaboration
HONG KONG, June 3, 2026 /PRNewswire/ -- CSOP Asset Management Limited ("CSOP"), Hong Kong's largest ETF issuer[1], announced today it has partnered with HSBC to launch its inaugural money market ETF unlisted tokenised class. The asset manager has entered into a memorandum of understanding (MoU) with OSL to collaborate on an exclusive basis in onboarding the unlisted tokenised class of the money market ETF. By seamlessly integrating the traditional money market fund into blockchain ecosystem, this new offering provides investors with a flexible and compliant option for "on-chain" yield generation.
CSOP Hong Kong Dollar Money Market ETF (Stock Code: 3053.HK) Unlisted Tokenised Class allows investors to invest in CSOP's Hong Kong Dollar money market fund via digital tokens for the first time. The underlying fund primarily invests in HKD-denominated short-term deposits and high-quality money market instruments, aiming to achieve a return in Hong Kong Dollars in line with prevailing money market rates. This creates an innovative tool tailored to meet on-chain demands for risk management and steady yield generation, while serving as an additional effective asset allocation solution for cryptocurrency holders seeking to hedge against the cyclical market volatility of virtual assets.
HSBC acts as the tokenisation agent, trustee, and registrar for the ETF, providing core infrastructure support for the tokenised issuance. This also marks the first time HSBC has offered full digital asset services for a money market fund in Hong Kong. By introducing this Tokenised Class, the fund also unlocks key blockchain-native benefits—including record-keeping and traceability of asset ownership and transaction history, and highly efficient settlement.
To further expand distribution channels beyond eligible banks and brokerages, CSOP today signed an MoU with OSL. For a period of six months, CSOP will collaborate with OSL's SFC-licensed virtual asset trading platform (VATP) on an exclusive basis in respect of onboarding the new tokenised share class of the money market ETF, supporting the subscription and redemption processes for investors.
This tripartite cooperation sets another milestone in enhancing Hong Kong's integration of traditional finance and tokenisation ecosystem. By leveraging HSBC's robust financial infrastructure and digital assts capabilities, alongside OSL's extensive digital asset business network, CSOP has realized compliant blockchain-based issuance and asset management abilities for its money market funds, while tapping into a broader "on-chain" client base.
In recent years, market has seen strong demand for tokenised assets. According to a recent market report[2], the global asset tokenisation market is projected to reach USD 130.67 trillion (approximately HKD 1,019.23 trillion) by 2035, representing an estimated compound annual growth rate (CAGR) of 45.83% from 2026 to 2035. Within this space, the momentum of tokenised financial assets is also building quickly.
Various industry leaders from the financial and digital asset sectors attended today's CSOP's Inaugural Tokenised Product Press Conference & CSOP x OSL MoU Signing Ceremony, sharing key trends and forward-looking perspectives on asset tokenisation during the panels.
Ding Chen, Chief Executive Officer of CSOP, said: "As the largest ETF issuer in Hong Kong, CSOP stays ahead of the curve and strive to deliver innovative and diversified products to investors. We are deeply honored to partner with HSBC and OSL, pioneers across both traditional finance and digital asset ecosystems to launch this initiative. This marks a pivotal step in our digital asset strategy. Combining HSBC's exceptional tokenisation services, CSOP's strength in asset management, and OSL's expertise in the virtual asset space, we will unlock more opportunities for on-chain tokenised assets for both local and international investors, addressing diverse market demands. We look forward to working with partners to drive the prosperity of Hong Kong's digital asset ecosystem."
Maggie Ng, Chief Executive Officer, HSBC Hong Kong, said: "HSBC is proud to support CSOP as it continues to innovate for investors in Hong Kong. Through HSBC's fund tokenisation services, we're bringing ETF shares on-chain and enabling fractionalization - a meaningful step towards widening access by lowering the entry point to invest. This capability is available today for ETFs in Hong Kong, and we see strong potential to extend it over time to other asset types and fund jurisdictions."
Kevin Cui, Executive Director and Chief Executive Officer of OSL Group, said: "The listing of this fund further enriches OSL's product offerings for our clients and reaffirms Hong Kong's potential to foster a vibrant tokenised ecosystem. Leveraging OSL's strengths in digital asset distribution and liquidity, we are excited to partner with CSOP and HSBC to broaden investor access to tokenised assets. Furthermore, our collaboration with CSOP extends far beyond the launch of a single product; we look forward to exploring new opportunities with our partners to bring innovative products to the market."
As Asia's leading ETF issuer, CSOP is committed to bridging traditional and digital asset ecosystems, and has made Web3.0 a key strategic priority for the year. The asset manager also plans to expand its digital asset pipeline by introducing a broader range of tokenised fund categories.
About CSOP
CSOP Asset Management is the largest ETF issuer in Hong Kong*. As of 29 May 2026, CSOP's total AUM exceeded HK$ 350 billion (US$ 44.8 billion), supported by a robust ETF ecosystem and a lineup of 68 ETF/ETPs and 5 mutual funds across Hong Kong and Singapore**. In the first quarter in 2026, 6 of the 10 most actively traded ETPs in Hong Kong were managed by CSOP***.
*Source: HKEX, Bloomberg, CSOP, as of 29 May 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
** Source: HKEX, Bloomberg, CSOP, as of 29 May 2026.
***Source: Bloomberg, from 1 January 2026 to 31 March 2026.
About The Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world's largest banking and financial services organisations.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide.
Disclaimer and Important Notices
Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and the full list of risk factors. The Unlisted Tokenised Class Units of the Fund mentioned in the document is subject to risks associated with tokenised class of units, e.g. Blockchain technology risk, Token security risks, Cybersecurity risks, Delay risk, Dependence on service providers, Regulatory risk, Potential challenges in application of existing laws, Smart contract and technical risk, Operational infrastructure risks, Recovery and business continuity risks, Risks associated with virtual asset trading platforms (as distributors).This material is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong.
| [1] Bloomberg, HKEX, CSOP, as of 2026/5/29. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings. |
| [2] US research firm S&S Insider: https://www.snsinsider.com/reports/asset-tokenization-market-7430 (The forecast data is for reference only and does not represent or guarantee future performance.) |
Partners with HSBC to Launch Hong Kong Dollar Money Market ETF Tokenised Class
Signs an MoU with OSL for Exclusive VATP Onboarding Collaboration
HONG KONG, June 3, 2026 /PRNewswire/ -- CSOP Asset Management Limited ("CSOP"), Hong Kong's largest ETF issuer[1], announced today it has partnered with HSBC to launch its inaugural money market ETF unlisted tokenised class. The asset manager has entered into a memorandum of understanding (MoU) with OSL to collaborate on an exclusive basis in onboarding the unlisted tokenised class of the money market ETF. By seamlessly integrating the traditional money market fund into blockchain ecosystem, this new offering provides investors with a flexible and compliant option for "on-chain" yield generation.
CSOP Hong Kong Dollar Money Market ETF (Stock Code: 3053.HK) Unlisted Tokenised Class allows investors to invest in CSOP's Hong Kong Dollar money market fund via digital tokens for the first time. The underlying fund primarily invests in HKD-denominated short-term deposits and high-quality money market instruments, aiming to achieve a return in Hong Kong Dollars in line with prevailing money market rates. This creates an innovative tool tailored to meet on-chain demands for risk management and steady yield generation, while serving as an additional effective asset allocation solution for cryptocurrency holders seeking to hedge against the cyclical market volatility of virtual assets.
HSBC acts as the tokenisation agent, trustee, and registrar for the ETF, providing core infrastructure support for the tokenised issuance. This also marks the first time HSBC has offered full digital asset services for a money market fund in Hong Kong. By introducing this Tokenised Class, the fund also unlocks key blockchain-native benefits—including record-keeping and traceability of asset ownership and transaction history, and highly efficient settlement.
To further expand distribution channels beyond eligible banks and brokerages, CSOP today signed an MoU with OSL. For a period of six months, CSOP will collaborate with OSL's SFC-licensed virtual asset trading platform (VATP) on an exclusive basis in respect of onboarding the new tokenised share class of the money market ETF, supporting the subscription and redemption processes for investors.
This tripartite cooperation sets another milestone in enhancing Hong Kong's integration of traditional finance and tokenisation ecosystem. By leveraging HSBC's robust financial infrastructure and digital assts capabilities, alongside OSL's extensive digital asset business network, CSOP has realized compliant blockchain-based issuance and asset management abilities for its money market funds, while tapping into a broader "on-chain" client base.
In recent years, market has seen strong demand for tokenised assets. According to a recent market report[2], the global asset tokenisation market is projected to reach USD 130.67 trillion (approximately HKD 1,019.23 trillion) by 2035, representing an estimated compound annual growth rate (CAGR) of 45.83% from 2026 to 2035. Within this space, the momentum of tokenised financial assets is also building quickly.
Various industry leaders from the financial and digital asset sectors attended today's CSOP's Inaugural Tokenised Product Press Conference & CSOP x OSL MoU Signing Ceremony, sharing key trends and forward-looking perspectives on asset tokenisation during the panels.
Ding Chen, Chief Executive Officer of CSOP, said: "As the largest ETF issuer in Hong Kong, CSOP stays ahead of the curve and strive to deliver innovative and diversified products to investors. We are deeply honored to partner with HSBC and OSL, pioneers across both traditional finance and digital asset ecosystems to launch this initiative. This marks a pivotal step in our digital asset strategy. Combining HSBC's exceptional tokenisation services, CSOP's strength in asset management, and OSL's expertise in the virtual asset space, we will unlock more opportunities for on-chain tokenised assets for both local and international investors, addressing diverse market demands. We look forward to working with partners to drive the prosperity of Hong Kong's digital asset ecosystem."
Maggie Ng, Chief Executive Officer, HSBC Hong Kong, said: "HSBC is proud to support CSOP as it continues to innovate for investors in Hong Kong. Through HSBC's fund tokenisation services, we're bringing ETF shares on-chain and enabling fractionalization - a meaningful step towards widening access by lowering the entry point to invest. This capability is available today for ETFs in Hong Kong, and we see strong potential to extend it over time to other asset types and fund jurisdictions."
Kevin Cui, Executive Director and Chief Executive Officer of OSL Group, said: "The listing of this fund further enriches OSL's product offerings for our clients and reaffirms Hong Kong's potential to foster a vibrant tokenised ecosystem. Leveraging OSL's strengths in digital asset distribution and liquidity, we are excited to partner with CSOP and HSBC to broaden investor access to tokenised assets. Furthermore, our collaboration with CSOP extends far beyond the launch of a single product; we look forward to exploring new opportunities with our partners to bring innovative products to the market."
As Asia's leading ETF issuer, CSOP is committed to bridging traditional and digital asset ecosystems, and has made Web3.0 a key strategic priority for the year. The asset manager also plans to expand its digital asset pipeline by introducing a broader range of tokenised fund categories.
About CSOP
CSOP Asset Management is the largest ETF issuer in Hong Kong*. As of 29 May 2026, CSOP's total AUM exceeded HK$ 350 billion (US$ 44.8 billion), supported by a robust ETF ecosystem and a lineup of 68 ETF/ETPs and 5 mutual funds across Hong Kong and Singapore**. In the first quarter in 2026, 6 of the 10 most actively traded ETPs in Hong Kong were managed by CSOP***.
*Source: HKEX, Bloomberg, CSOP, as of 29 May 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
** Source: HKEX, Bloomberg, CSOP, as of 29 May 2026.
***Source: Bloomberg, from 1 January 2026 to 31 March 2026.
About The Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world's largest banking and financial services organisations.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide.
Disclaimer and Important Notices
Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and the full list of risk factors. The Unlisted Tokenised Class Units of the Fund mentioned in the document is subject to risks associated with tokenised class of units, e.g. Blockchain technology risk, Token security risks, Cybersecurity risks, Delay risk, Dependence on service providers, Regulatory risk, Potential challenges in application of existing laws, Smart contract and technical risk, Operational infrastructure risks, Recovery and business continuity risks, Risks associated with virtual asset trading platforms (as distributors).This material is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong.
[1] Bloomberg, HKEX, CSOP, as of 2026/5/29. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
[2] US research firm S&S Insider: https://www.snsinsider.com/reports/asset-tokenization-market-7430 (The forecast data is for reference only and does not represent or guarantee future performance.)
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
CSOP Debuts Inaugural Tokenised Money Market Fund Offering