With the approval of CITIC Group, CITIC Dicastal Co., Ltd. has established a wholly-owned subsidiary, Qinhuangdao Xinneng Energy Equipment Co., Ltd. (hereinafter referred to as "Xinneng Company"). Xinneng Company is located in the Economic and Technological Development Zone of Qinhuangdao City, Hebei Province, with the registered capital of 5 million RMB. The facility of the plant covers about 8200 square meters, dedicated to energy conservation, environmental protection and energy supply business. CITIC Dicastal deploys experienced energy and environmental protection professionals to support Xinneng Company. In the meantime, the company employs industry experts to form core management team and technical team. Relying on more than 20 years’ experience of power planning, management and technological innovation accumulated by CITIC Dicastal energy management team, Xinneng is confident to expand and strengthen energy-saving, environmental protection and energy supply businesses in the coming future.

Xinneng Company provides advanced energy-saving technology, efficient energy system design and perfect energy management services for the whole society. In the meantime, the company will also focus on building an energy-saving integrated service platform, integrating leading energy-saving technologies and related advantages both home and abroad, and customizing the overall solutions according to the characteristics and needs from customers. Xinneng Company will always provide domestic leading integrated package service of diagnosis, planning, design, financing, construction, operation and management for the customers.