On March 28th, Chengdu Kaifa Technology Co., Ltd.（Hereinafter referred to as "Kaifa Technology"）, a subsidiary of Kaifa, was officially listed on the BeijingStock Exchange (stock abbreviation: Kaifa Technology; stock code: 920029). Thecompany raised a total of 1.017 billion yuan through its initial publicoffering of A-shares, setting a new record for the scale of IPO fundraisingsince the opening of the Beijing Stock Exchange.

Taking the transformation of the smart energy system and thedual carbon strategy as an opportunity, Kaifa Technology has been deeplyengaged in energy metering, focusing on intelligent and digital energy management,which empowers the dual carbon revolution in public utilities, and providesglobally leading smart energy management solutions.

In future, Kaifa Technology will continuously enhance corecompetitiveness, move from "Made in China" to "IntelligentlyMade in China", and improve constantly product quality.