>Subsidiary company>Shanghai Yueda New Industrial Group New Energy Co., Ltd.
Predecessor of Shanghai Yueda New Iindustrial Group Investment Mangement
Co ,Ltd, was founded in Oct.2013 in Shanghai free trade zone registration. In
2016, in order to adapt to the new economic norm, promote enterprise
restructuring and development, develop new energy industry as a breakthrough, and strive to build a modern energy enterprise in the new economic characteristic,it was officially changed its name to "Shanghai Yueda New Industrial Group
New Energy Co., Ltd., in July 2016 and registered with the capital of 100
million yuan. At present, it includes two item companies called Yancheng Yueda Green Photovoltaic Power Co.,Ltd. and Suzhou Runergy PV Technology
Co., Ltd., as its two subsidiaries, mainly engaged in new energy industry.