Shandong Forever New Energy Co., Ltd.

1. Company Profile With the implementation of International carbon emissions agreement, Green new energy becomes an important development direction. As a national high-tech enterprise devoting itself to promoting the low-carbon industry, AFOREVER specializes in R&D, production and marketing of LiFePO4 batteries applied to various kinds of EVs, HEVs and others. Shandong Forever New Energy Co., Ltd. is financed by Hong Kong Kai Rong Group, with **4 million dollars total investment . It is located in University Technology Industrial Park in Zoucheng City, which is the birthplace of Confucius and Mencius. 2. Investment Planning Total Investment: **4 million dollars, with **0 mu occupying area. The first stage: To invest **0 million RMB, with capacity of **0, **0 KWh, which can meet a requirement of *0, **0 EVs or *5, **0 PHEVs, or *0, **0 HEVs from Aug. ***0 to Feb. ***2. The second stage: With additional **0 million RMB investments, annual production can reach **0, **0 KWh, serving the needs of *0, **0 EVs or **0, **0 PHEVs, or **0, **0 HEVs from Dec. ***3 to Dec. ***4. The third stage: To add **0 million RMB to the investment, the manufacture can produce 1, **0, **0 KWh batteries, supplying a demand of *0, **0 EVs or**0, **0 PHEVs, or **0, **0 HEVs from ***5 to ***6. 3. Technological Superiority Highly conductive additives are used in the raw materials mixing procedure based on the graded nanostructure to essentially avoid size agglomeration, which ensures the battery safety and lattice consistency. Large current Tech is adopted as well, which is able to fulfill the requirement of high-power performance for electric vehicles. The thermal field in unit area is balanced, which overwhelmingly improve cycle life of lithium batteries. Excellent manufacturing environment and automated production.