Tanhe Technology, a wholly-owned subsidiary of Rike Chemicals, intends to form a joint venture with Ronghui Company, named Karamay Ronghe Zhisuan Technology Company, with an initial registered capital of 40 million yuan. In this venture, Tanhe Technology will invest 19.6 million yuan, securing a 49% shareholding, while Ronghui Company will contribute 20.4 million yuan, holding a 51% stake. The newly established company aims to capitalize on green financing opportunities to fund the acquisition of domestic computing power equipment, which will then be entrusted to Tanhe Technology's data center for operation.