Qingdao Jingjian Energy Technology Co., Ltd. established a wholly-owned subsidiary in Shenzhen, Guangdong Province in December 2022: Jingjian Energy (Guangdong) Co., Ltd., with its registered address at Building T2, Building 911, Qianhai Building, No. 123 Guiwan Fifth Road, Nanshan Street, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen; Our company established a wholly-owned subsidiary, Jingjian Energy (Wuhan) Co., Ltd., in Wuhan, Hubei Province in February of this year. The registered address is 8MC plot (No. 69 Checheng South Road) in Wuhan Economic Development Zone, Hubei Province. All subordinate subsidiaries have already carried out related businesses.