Core Viewpoint - Hunan Yuezhuzhou New Energy Investment Co., Ltd. has been established with a registered capital of 2 million RMB, focusing on investment activities and renewable energy services [1] Company Summary - The legal representative of Hunan Yuezhuzhou New Energy Investment Co., Ltd. is Liu Junjie [1] - The company has a registered capital of 2 million RMB [1] - The shareholders are: - Foshan Yinzhuo Enterprise Management Co., Ltd. holding 60% - Hunan Zero Carbon New Energy Technology Co., Ltd. holding 40% [1] - The company operates in the electricity, heat, gas, and water production and supply industry [1] - The business address is located in the Central South High-tech Intelligent Manufacturing Industrial Park, Zhuzhou City, Hunan Province [1] Business Scope - The business scope includes: - Investment activities using self-owned funds - Solar power generation technology services - Technical services, development, consulting, exchange, transfer, and promotion - Photovoltaic equipment leasing - Information consulting services (excluding licensed information consulting services) - Energy storage technology services - Contract energy management - Energy-saving management services - New material technology promotion services - Power generation technology services [1]

Company Overview - Sichuan Taishen New Energy Technology Co., Ltd. has been established with a registered capital of 5 million RMB [1] - The legal representative is Ma Jiayue, and the company is wholly owned by Ningxia Jurun Construction Engineering Co., Ltd. [1] Business Scope - The company's business scope includes energy storage technology services, centralized fast charging stations, solar power generation technology services, and wind power generation technology services [1] - It also engages in technical services, development, consulting, exchanges, transfers, and promotion, as well as battery sales [1] - The company is authorized to install, maintain, and test electrical facilities for power transmission, supply, and reception, subject to necessary approvals [1] Industry Classification - The company operates within the electricity, heat, gas, and water production and supply industry, specifically focusing on electricity production [1] - The registered address is located in Chengdu, Sichuan Province, specifically in the Shuangliu District [1]

经营范围含许可项目：发电业务、输电业务、供（配）电业务【分支机构经营】，输电、供电、受电电 力设施的安装、维修和试验【分支机构经营】，建设工程设计【分支机构经营】，建筑劳务分包【分支 机构经营】（依法须经批准的项目，经相关部门批准后在许可有效期内方可开展经营活动，具体经营项 目和许可期限以相关部门批准文件或许可证件为准） 发电技术服务【分支机构经营】，太阳能发电技 术服务【分支机构经营】，风力发电技术服务【分支机构经营】，节能管理服务【分支机构经营】，工 程管理服务【分支机构经营】，合同能源管理【分支机构经营】（除依法须经批准的项目外，凭营业执 照依法自主开展经营活动） 企业名称江西九乐新能源科技有限责任公司法定代表人王小平注册资本1000万人民币国标行业电力、热 力、燃气及水生产和供应业>电力、热力生产和供应业>电力生产地址江西省景德镇市浮梁县县城新昌 南路与三贤街交叉处颐景花园3栋202室企业类型有限责任公司(自然人投资或控股的法人独资)营业期限 2025-8-14至无固定期限登记机关浮梁县市场监督管理局 来源：金融界 天眼查显示，近日，江西九乐新能源科技有限责任公司成立，法定代表人为王小平，注册资本10 ...

企业名称山东锐隆嘉新能源有限公司法定代表人贺建林注册资本300万人民币国标行业电力、热力、燃 气及水生产和供应业>电力、热力生产和供应业>电力生产地址山东省济南市槐荫区兴福街道青岛路连 城中心3号楼1213号企业类型有限责任公司（非自然人投资或控股的法人独资）营业期限2025-8-14至无 固定期限登记机关济南市槐荫区市场监督管理局 来源：金融界 天眼查显示，近日，山东锐隆嘉新能源有限公司成立，法定代表人为贺建林，注册资本300万人民币， 由山西科世新能源有限公司全资持股。 序号股东名称持股比例1山西科世新能源有限公司100% 经营范围含许可项目：发电业务、输电业务、供（配）电业务；建设工程施工；输电、供电、受电电力 设施的安装、维修和试验；电气安装服务。（依法须经批准的项目，经相关部门批准后方可开展经营活 动，具体经营项目以相关部门批准文件或许可证件为准）太阳能发电技术服务；发电技术服务；技术服 务、技术开发、技术咨询、技术交流、技术转让、技术推广；合成材料销售；电气设备销售；电子专用 设备制造。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） ...

Core Viewpoint - The establishment of Liaoning Fudian New Energy Technology Co., Ltd. indicates a growing focus on renewable energy technologies in China, particularly in the areas of solar and wind power [1] Company Summary - Liaoning Fudian New Energy Technology Co., Ltd. was recently founded with a registered capital of 10 million RMB [1] - The company is wholly owned by Liaoning Wanfeng Technology Co., Ltd. [1] - The legal representative of the company is Li Guojun [1] - The company is classified under the electricity, heat, gas, and water production and supply industry [1] Business Scope - The business scope includes research and development of emerging energy technologies, power generation technology services, solar and wind power generation technology services, and sales of wind turbines and components [1] - Additional services include energy storage technology services, technical consulting, and sales of various electrical and construction materials [1] - The company is also involved in contract energy management and the sale of graphite and carbon products [1] Regulatory Information - The company is registered in the China (Liaoning) Pilot Free Trade Zone, specifically in the Shenyang area [1] - The business operations are subject to approval by relevant authorities for certain projects [1] - The company has a business duration until August 14, 2025, with no fixed end date thereafter [1]

Core Viewpoint - Liaoning Fuli New Energy Technology Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Liaoning Wanfeng Technology Co., Ltd. [1] Company Summary - Company Name: Liaoning Fuli New Energy Technology Co., Ltd. [1] - Legal Representative: Li Guojun [1] - Registered Capital: 10 million RMB [1] - Shareholder: Liaoning Wanfeng Technology Co., Ltd. holds 100% [1] - Business Scope: Includes construction engineering design, construction, power supply business, new energy technology research and development, power generation technology services, solar and wind power technology services, sales of wind turbine units and components, photovoltaic equipment, energy storage technology services, and various technical services [1] Industry Summary - Industry Classification: Power, heat, gas, and water production and supply industry [1] - Specific Sector: Power production [1] - Location: China (Liaoning) Free Trade Pilot Zone, Shenyang Area [1] - Company Type: Limited liability company (wholly owned by a natural person) [1] - Business Duration: Until August 14, 2025, with no fixed term [1] - Registration Authority: Shenyang Hunnan District Market Supervision Administration [1]

Company Overview - Shenzhen Chanyu Smart Energy Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Chanyu Technology Co., Ltd. [1] - The legal representative of the company is Zhuang Liang [1] Business Scope - The company’s business scope includes solar power generation technology services, energy storage technology services, electric vehicle charging infrastructure operation, and various technology research and development services [1] - Additional services include carbon reduction, carbon conversion, carbon capture, and carbon storage technology research and development, as well as energy management services [1] - The company is involved in the sales of new energy vehicle accessories, charging piles, and photovoltaic equipment and components [1] Industry Classification - The company operates within the national standard industry of electricity, heat, gas, and water production and supply, specifically focusing on electricity production [1] - The business address is located in the Bao'an District of Shenzhen [1]

Core Viewpoint - Suqian Qingfa New Energy Technology Co., Ltd. has been established with a registered capital of 2 million RMB, fully owned by Nanjing Dongsong New Energy Co., Ltd. [1] Company Summary - Company Name: Suqian Qingfa New Energy Technology Co., Ltd. [1] - Legal Representative: Zhang Zhiling [1] - Registered Capital: 2 million RMB [1] - Shareholder: Nanjing Dongsong New Energy Co., Ltd. holds 100% [1] - Company Type: Limited liability company (non-natural person investment or holding) [1] - Business Scope: Includes power generation, transmission, and supply services, as well as technology services, development, consulting, and sales related to solar and wind energy [1] Industry Summary - Industry Standard: Power, heat, gas, and water production and supply [1] - Specific Sector: Power production [1] - Business Address: Room 211, No. 8, Fufront Road, Hanshan Town, Shuyang County, Suqian City, Jiangsu Province [1] - Business Duration: Until August 14, 2025, with no fixed term thereafter [1] - Registration Authority: Shuyang County Market Supervision Administration [1]

Group 1: Core Insights - Rongchang Biologics (09995.HK) announced that its innovative drug Taitasip (brand name: Tai Ai®) for treating primary Sjögren's syndrome has met the primary endpoint in a Phase III clinical trial in China [1] - Taitasip is the first BLyS/APRIL dual-target fusion protein drug to complete Phase III research in the field of Sjögren's syndrome globally [1] - The clinical trial was a multi-center, randomized, double-blind, placebo-controlled study aimed at evaluating the efficacy and safety of Taitasip, with the primary endpoint being the change in ESSDAI score at week 24 compared to baseline [1] Group 2: Disease Background and Drug Mechanism - Sjögren's syndrome is a chronic inflammatory autoimmune disease characterized by lymphocytic infiltration and damage to exocrine glands, leading to persistent dry mouth and dry eyes, and can affect multiple organ systems [2] - The prevalence of Sjögren's syndrome in China is estimated to be between 0.3% and 0.7%, with an increasing trend indicating a significant unmet clinical need [2] - Taitasip is a novel dual-target fusion protein developed by the company that simultaneously inhibits the overexpression of BLyS and APRIL, effectively preventing abnormal differentiation and maturation of B cells [2] Group 3: Regulatory and Clinical Recognition - Taitasip has received multiple authoritative guideline recommendations in China, including the "Clinical Practice Guidelines for Sjögren's Syndrome" and the "Expert Consensus on B-cell Targeted Therapy for Rheumatic and Immune Diseases" [2] - Internationally, Taitasip has been granted Fast Track designation by the U.S. FDA for its indication in Sjögren's syndrome and has been approved to conduct global multi-center Phase III clinical trials [2]

经营范围含许可项目：发电业务、输电业务、供（配）电业务；输电、供电、受电电力设施的安装、维 修和试验；建设工程施工（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目 以审批结果为准）电力行业高效节能技术研发；技术服务、技术开发、技术咨询、技术交流、技术转 让、技术推广；光伏设备及元器件制造；海上风电相关系统研发；太阳能发电技术服务；风力发电技术 服务；储能技术服务；智能输配电及控制设备销售；节能管理服务；光伏发电设备租赁；合同能源管 理；建筑材料销售（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 企业名称江苏宗宏新能源技术有限公司法定代表人练学鹏注册资本1000万人民币国标行业电力、热力、 燃气及水生产和供应业>电力、热力生产和供应业>电力生产地址江苏省南通市如东县栟茶镇茗江路113 号企业类型有限责任公司营业期限2025-8-13至无固定期限登记机关如东县行政审批局 来源：金融界 天眼查显示，近日，江苏宗宏新能源技术有限公司成立，法定代表人为练学鹏，注册资本1000万人民 币，由江苏国科新能源有限公司全资持股。 序号股东名称持股比例1江苏国科新能源有限公司100% ...