According to Tianyancha, Zhongneng Energy Group Co., Ltd. (formerly known as Zhongneng Energy Co., Ltd.), established in 2009, is located in Wenzhou City, Zhejiang Province, and is an enterprise that mainly manufactures chemical raw materials and chemical products. The registered capital of the enterprise is RMB 50 million, and it is a legally operated enterprise approved by the Ministry of Industry and Information Technology. Zhongneng State and Zhongneng Group refer to Zhongneng International Energy Group Co., Ltd., which was formally established in Hong Kong on February 1 1, 1965, with its headquarters in Beijing and Hong Kong respectively. The core business of Zhongneng International Energy Group includes energy and power development, environmental protection, investment, construction, operation and management, as well as transportation, finance, medicine, health industry, agricultural development, urban infrastructure construction, comprehensive land development and other fields. The Group is also engaged in power (thermal) production and sales, mineral resources investment and trade, industrial investment and management. Zhongnengbang and Zhongneng Group are the same company, covering many fields, aiming at providing comprehensive energy solutions and promoting sustainable development.