Zhiyuan New Energy: Intends to terminate the "Hydrogen Equipment Intelligent Manufacturing Project" and use the remaining funds raised to supplement working capital.

Zhengyuan New Energy announced on January 13th that the company plans to terminate the investment project "Hydrogen Equipment Intelligent Manufacturing Project" and use the remaining funds of 73.3683 million yuan to permanently supplement working capital. Currently, the project has purchased various production line equipment according to the original investment plan, and the production line has the capacity to produce 10,000 hydrogen storage tanks per year. The existing hydrogen energy equipment production line has basically met customer demand.