Zhejiang Weihua Minghuan Energy Co., Ltd. was established in August, 2022. Ltd. intends to invest 1.5

              billion yuan, including 1 billion yuan in fixedassets and500 million yuan in working capital, to build a

              hydrogen fuel cell industrialization project with an annual production capacity of 50,000 units and a

              hydrogenfuel cell R&D and manufacturing center, which will help China achieve the "3060" goal of carbon

              peak and carbon neutral, and enhance the international competitiveness of low carbon and environmental

              protection products. It is of great significance for China to achieve the "3060" goal of carbon peak and

              carbon neutral, and to enhance the international competitiveness of low-carbon environmental protection

              products.The core members of the team are mainly American scientists who have been working in the fuel

              cell industry in the US for more than 25 years and have mature and complete fuel cell technology reserves

              and product development experience.