Jiangsu Shengze Eastern Hengchuang Energy Co., Ltd. is a wholly-owned subsidiary of Jiangsu Eastern Shenghong Co., Ltd. (listing code: 000301), which was founded on August 24, 2016. It is located in Shengze Town, Wujiang District, Suzhou City, Jiangsu Province, where is the “Dense Area of National Silk”. With a registered capital of RMB205,000,000 yuan, the main business scope of the company is: coal wholesale and retail; natural gas transportation and sale; electricity sales business; energy contract management; comprehensive energy-saving technology development, technical service and technical consultation; energy project investment; the R&D, consulting and transfer of new energy technology; charging equipment business. The company also successfully selected as a member unit of the electric power cloud platform in January 2017, and registered in Jiangsu Electric Power Trading Center in September 2017.