According to the Hunan Development Notice, according to the company's strategic planning and business development needs, the company plans to invest and establish a wholly-owned subsidiary Hunan Development Xiaochu Renewable Energy Co., Ltd. (tentative name) in Hengdong County, Hengyang City, Hunan Province, with its own capital to coordinate the development of new energy projects in the region. The registered capital is RMB 10 million, and the company plans to hold 100% of the shares.
湖南发展：投资设立全资子公司
Hunan Development: Investment in the establishment of a wholly-owned subsidiary
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