Capital Increase and Capacity Expansion
In February 2022, Horisun Thermal Energy Co., Ltd. purchased a land parcel in Hongqi, Ronggui Subdistrict, Shunde District, covering an area of 19,912.62 square meters (approximately 29.9 mu). The total construction area will be about 76,338.76 square meters. A digital and intelligent factory specializing in the R&D and manufacturing of high-end gas water heaters will be completed and put into operation in 2025.

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