Jiangsu DU-POWER New Energy Technical Co., Ltd. (hereinafter referred to as "the Company") was established in August 2018 with a registered capital of 50 million RMB. The original founding team of the Company comes from mainstream automotive companies such as SAIC and Geely. Based on the high standard and high safety requirements, our company has adopted the automotive-grade standards to take the lead in developing the integrated storage and charging products. Meanwhile, the company holds multiple proprietary intellectual property rights.