ICAP's fund and Penghui Energy real controller to form a concerted action person relationship, through a block transaction to transfer part of Penghui Energy shares.

Founded in 2001, Penghui Energy (stock code 300438) is a high-tech enterprise specializing in the production, manufacturing and research and development of lithium batteries for more than 20 years. It is also one of the largest battery manufacturers in China. In 2022, Penghui Energy ranked top 3 in terms of shipments of energy storage batteries in China, and top 2 in terms of shipments of energy storage products for household use. The accumulated shipments of the storage reached 1 million sets, and the energy storage products operated safely with zero accidents. In the first half of 2022, Penghui Energy upgrades "351 Strategic Goals" again, hoping that in the next three to five years, the company will grow by more than 50% annually, become an excellent supplier to the industry's leading customers, and become the preferred battery supplier in the global energy storage market.