Group 1 - The core project of Zhongke Fuyuan (Ya'an) Technology Development Co., Ltd. has officially commenced, with an annual production capacity of 100,000 tons of immersion cooling liquid [2] - The total investment for the project is 106 million RMB, located in the Ya'an Economic and Technological Development Zone, covering an area of approximately 200 acres [2] - Zhongke Fuyuan was established on November 8, 2024, with a registered capital of 15 million RMB, and is a wholly-owned subsidiary of Zhongke Xingshi (Sichuan) Technology Group Co., Ltd. [2] Group 2 - Zhongke Xingshi (Sichuan) Technology Group Co., Ltd. is a state-owned holding enterprise focusing on three core areas: fluorinated new materials, hydrogen energy, and basalt fiber [3] - In the fluorinated new materials sector, the company has developed leading products such as ETCF-22 immersion cooling liquid and GFR-02 environmentally friendly polymer flame retardants [3] - The hydrogen energy sector includes key technologies like PEM water electrolysis and solid-state hydrogen storage, with products such as hydrogen energy storage systems and hydrogen-powered vehicles [3]