Recently, China Heng You Yuan Group announced that it would acquire no less than 51% of the shares of Zhong Heng Xin Neng (Shenzhen) New Technology Co., Ltd., and signed a Share Purchase Intention Letter with its holding company. Zhong Heng Xin Neng was established in 2022 and is an enterprise mainly engaged in power, heat production and supply. Its parent company is Shenzhen Guo Heng Xin Neng Energy Technology Co., Ltd., mainly engaged in the research and development and sales of fuel cell system.