Weineng Group International Holdings Limited (the “Company”, “Vaillant Group”, or its subsidiary, the “Group”) has over 20 years of outstanding operating experience in the electricity market, is one of the world's leading integrators of large-scale generator sets, and is also one of the largest owners and operators of gas engine-type distributed power plants in Asia. We support local economic growth by (1) designing, integrating, and selling generator sets and power generation systems, and (2) designing, investing, constructing and operating distributed power plants to various industries. The above form our two main business segments: (1) Systems Integration (“SI”) business and (2) Investment, Construction and Operation (“IBO”) business. Our fast-delivery power solutions provide stable and reliable electricity to emerging markets to improve residents' quality of life; at the same time, provide developed countries with flexible and energy-efficient electricity to supplement their increasing renewable energy applications due to power reforms. We are committed to working with the world to tackle climate change, achieve carbon neutrality by 2050, and adopt strategies corresponding to this goal, including developing distributed integrated energy solutions, applying cogeneration systems, renewable energy or new fuels, and energy storage technology. We are also committed to improving operational efficiency while minimising the impact of our business on the environment. We will strengthen our proprietary system design and integration capabilities and market network accumulated over the past 20 years, and continue to provide efficient solutions to create sustainable value for all stakeholders. We drive the world and brighten up the future.
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