2, China Conch Venture Holdings Limited (referred to as: "Conch Venture" or "the company") was incorporated in the Cayman Islands in 2013 and listed on the main board of the Stock Exchange of Hong Kong on December 19 of the same year (stock code: 00586.HK). Conch Venture is a large-scale enterprise group providing energy-saving and environmental protection "package" solutions, with world-leading technologies in waste treatment, waste heat utilization, equipment manufacturing, etc. Currently, the Company's industries involve waste heat power generation, energy-efficient vertical grinding mills, municipal waste treatment, new type of green building materials, and port trading, etc. At present, the Company has 21 subsidiaries. The company currently has 21 subsidiaries,*** with nearly 1,000 employees and total assets of 17.21 billion yuan.