Is Kaisheng Technology related to Kaisheng's new energy business?

Yes Official website of Kaisheng Technology Group Co., Ltd. shows that Kaisheng Xinneng is a subsidiary of Dongkaisheng Technology Group Co., Ltd. In order to support the company's development, Kaisheng Technology Group Co., Ltd. (hereinafter referred to as "Kaisheng Technology Group") agreed to provide financial services such as financing guarantee and capital payment for the company and its subsidiaries in 2023, and their businesses are related. Kaisheng Technology Group Co., Ltd. was established on May 9, 1988. It is mainly engaged in the development and sales of building materials and complete sets of light industry equipment, as well as the development, transfer, consultation, service and related import and export business of new light industry technologies, and also provides engineering design and consulting services.