Core Viewpoint - Clean Energy Technologies, Inc. (CETY) is updating its investment in a convertible bond issued by China Ruifeng Renewable Energy Holdings Limited, which is planning a significant investment in an artificial intelligence computing center project in China [1][2][3]. Investment Update - CETY has entered into a purchase agreement to acquire a portion of a convertible bond from China Ruifeng [2]. - China Ruifeng announced plans for a potential investment of approximately US$ 3.4 billion through its subsidiary Leading Win Resources Limited to develop a large-scale artificial intelligence computing center in Xuanhua District, Hebei Province, China [3]. Project Details - The project aims to develop an artificial intelligence computing center integrated with renewable power supply and energy storage infrastructure, targeting high-density computing workloads [4]. - Initial operations for the project are expected to launch in 2028, and it may include a grid-side energy storage facility utilizing lithium iron phosphate technology [4]. Company Positioning - CETY is not a party to the investment framework agreement and has not entered into any definitive agreements with China Ruifeng regarding the project [5]. - The company notes that such projects typically require advanced energy infrastructure solutions, aligning with CETY's technology focus and strategic objectives [5]. - CETY's experience in energy infrastructure development positions it to evaluate potential collaborations with Leading Win Resources Limited or its affiliates [5].