Henan Yicheng Yangguang New Energy Co., Ltd. (hereinafter referred to as “the Company”) founded in October 2020 is a high-tech enterprise specializing in the R&D, manufacturing and sales of lithium batteries jointly invested and founded by Henan Yicheng New Energy Co., Ltd., a subsidiary of China Pingmei Shenma Group, Xinxiang Sunshine Power Manufacturing Co., Lt and Xinxiang Feng Quan District Government.