振森能源由董事长黄保江控制41%表决权，曾任鹏煜威科技市场总监

Core Viewpoint - Guangdong Zhensheng Energy Technology Group Co., Ltd. has submitted an application for public stock issuance to unspecified qualified investors and plans to list on the Beijing Stock Exchange, with Guolian Minsheng Securities as the sponsor [1]. Company Overview - Zhensheng Energy is a technology-driven digital and intelligent distributed green energy carbon service provider, focusing on creating a closed energy ecosystem that includes distributed green energy development, smart microgrids, intelligent operation and maintenance, and virtual power plants [4]. - The company serves well-known enterprises in the industrial sector, covering 21 provinces in China, and includes 9 Fortune Global 500 companies and 33 A-share listed companies among its clients [4]. Financial Performance - Revenue for 2023, 2024, and January-April 2025 is projected to be 524 million yuan, 661 million yuan, and 122.72 million yuan respectively, with net profits of 39.81 million yuan, 79.03 million yuan, and 19.66 million yuan [4][5]. - The gross profit margin has improved to 39.65% in the first four months of 2025, compared to 28.93% in 2024 and 24.48% in 2023 [5]. - The weighted return on equity was 17.03% in the first four months of 2025, down from 103.87% in 2024 and 118.46% in 2023 [5]. Research and Development - The company invested 5.01 million yuan in R&D in the first four months of 2025, representing 4.08% of its revenue, which is a significant increase from 1.56% in 2024 and 1.58% in 2023 [5]. Leadership - Huang Baojiang has been the executive director or chairman of Zhensheng Energy since its establishment, responsible for major operational decisions [5][7].