On October 26, 2023, Zhang Ping, chairman of the Board of Directors of Beijing Energy International, met Lin Hanyu, chairman and general manager of Hongyuan Private Equity Fund, and Lin Yanxu, executive director and general manager of Shenwan Hongyuan Innovative Private Equity Fund in Beijing. The three parties exchanged views on industrial investment cooperation on new energy.

At the meeting, the three parties made an overall introduction to their respective business fields and agreed that the three companies are forerunners with rich experience and remarkable achievements in their respective fields, and their business and resources are highly complementary, so there is a broad space for cooperation on new energy and finance. Going forward, they will strengthen their tie by establishing long-term friendly strategic cooperative relations, exploring innovative cooperation modes, carrying out in-depth cooperation in new energy, etc. to deliver mutual benefit, and jointly facilitate the high-quality development of new energy sector.

Wu Feiyu and Wang Chuan, deputy general managers of Hongyuan Private Equity Fund, and Li Zhuoran, head of the Compliance Risk Control Department; vice president Liu Dongsheng, vice president Huang Hui, and vice president Wu Chaoke of Beijing Energy International, Wang Yang, CFO and other relevant personnel attended the meeting.