Longyi Science and Technology announcement, the company intends to increase the holding subsidiary Changzhou Liyuan New Energy Technology Co., Ltd. (referred to as "Changzhou Liyuan") to provide loans of no more than 500 million yuan, the loan period of no more than 3 years.

The chairman of the company is Shi Junfeng. Mr. Shi Junfeng: born in 1965, Chinese nationality, bachelor's degree, senior engineer, once worked in Yuejin Automobile Group. From March 2003 to December 2013, he initiated the establishment of Jiangsu Longyi Petrochemical Co., Ltd., serving as executive director and general manager. He is currently chairman of Longyi Technology.
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