Risen Energy Co., Ltd.

The company focuses on new energy and new materials, mainly engaged in business including crystal silicon materials, solar cells, solar cell modules, intelligent lamps, energy storage system R&D, production and sales; Development, construction, operation and transfer of solar PV power stations; New energy financial services, etc. (1) Business of solar cells, module manufacturing The company has made remarkable achievements in the research and development of cells and components, and has obtained a number of patent registrations, and the product conversion efficiency has reached a new height. The company has always been customer-centric, closely following market demand, optimizing product structure, and continuously improving its core competitiveness in scientific research and development, efficient product promotion, technology improvement, lean production and cost control. (2) Business of PV power stations and energy storage system Risen Energy (HK) Co.,Ltd., and Risen (Ningbo) Electric Power Co.,Ltd. ,the wholly-owned company of Risen Energy Co.,Ltd., are focused on the development, construction, operation of the power stations at home and abroad, and adopt business models including EPC, BT, BOT, holding and operation. In addition to consolidating the original overseas power station investment and construction areas in Europe, America and Australia, the company has increased the scale of investment in PV power station development worldwide including Bangladesh, Kazakhstan and Southeast Asia according to the national construction plan of " the Belt and Road Initiatives ". At the same time, in order to advance the business development of energy storage, the all-in-one solution and intelligent micro-grid solution of the Company’s “light storage”, “light storage charge” have been applied commercially. Moreover, the Company will also drive the development of all types of existing PV power stations and enhance the service efficiency of capitals for establishing the power stations. (3) Business of crystal silicon material During the reporting period, the company closely followed market changes, promoted product iteration through technological innovation, and orderly expanded efficient production capacity. In the process of silicon material, the company acquired the polycrystalline silicon project of BAYANNUR SPOTLIGHT SILICON Co.,Ltd. , located in Bayannur City, Inner Mongolia. At present, the capacity has entered into standardized production after production resumption, expansion and energy consumption double control audit. (4) Business of small solar systems and LED products, solar lights Zhejiang Twinsel Electronic Technology Co., Ltd. (www.twinsel.cn), the wholly-owned company of Risen Energy Co.,Ltd., mainly engaged in the research, manufacturing and sales of small solar systems, solar lights, LED application products, most of the products have been certified by the International authority such as CE, GS, ROHS, REACH and PAHS. Through the company's customer management service system, the company establishes a fast response and timely delivery mechanism for customer needs, and promotes the large-scale use of photovoltaic power terminal applications through industrial cooperation. (5) Business of new energy financial service The new energy financial service business of the company has achieved great development. The leasing operation of Risen Financial Leasing Co., Ltd., the wholly-owned company of Risen Energy Co.,Ltd., is stable, and the reserve of high-quality projects of asset has achieved substantial growth. The company has further promoted the financial service strategy of the new energy industry.