Brief introduction of Jiangsu Jieni New Energy Co., Ltd.

Jiangsu Jieni New Energy Co., Ltd. is a high-tech enterprise in China, which integrates the research, development, production and sales of solar cells and battery components. Hanwha Petroleum bought 36,455,089 ordinary shares at a price of 65,438+04.51RMB (2. 144 USD) per share, which is equivalent to 65,438+00.72 USD per American Depositary Receipt. Jeni New Energy's total revenue is about $78 million, and the company plans to use it for expansion plans and general corporate purposes. Hanwha Petrochemical (009830.ks) is a leading chemical enterprise in the world, headquartered in Korea.