Background of Xintian Green Energy and its cooperative relationship with Jiantou Energy

Xintian Green Energy was established in February 2010 with a registered capital of RMB 4.187 billion. It is mainly engaged in new energy project investment and other businesses. As a company controlled by Jiantou Group, the controlling shareholder of Jiantou Energy, Xintian Green Energy and Jiantou Energy jointly invested in the establishment of Hebei Yanzhao Energy Storage Co., Ltd.