At Shandong Shifeng (Group) Co., Ltd., there are various industrial parks including the TireIndustry Park (Second Tire Factory), Agricultural Equipment Industry Park (Auto Factory), AgriculturalAutomobile Industry Park, Modern Aaricultural Equipment Industry Park, Electric Vehicle Industry ParkThermoelectric Industrial Park, in which single-crystal photovoltaic modules are laid on the roofsof buildings, facades of external walls, floors, parking lots and material yards, and the zero-carbondemonstration park project of power supply, power grid, load and energy storage. This project isdivided into two phases. with a total capacity of 102MW.

Integration of power supply, power grid, load, and energy storage refers to the exploration of ahighly integrated development path for the power system, through the optimization and integrationof local resources, supported by advanced technology breakthroughs and institutional innovationsThis approach emphasizes the utilization of regulatory capabilities on the load side, the developmentof flexible and strong power grids at nearby locations, and stimulating market vitality to guide marketexpectations.