Zerun New Energy is set to acquire a stake of no less than 51% in Dongguan Hechuang Intelligent Manufacturing Technology Co., Ltd., via a cash transaction, thereby securing control over the latter. The company has already entered into a cooperation framework agreement with the relevant shareholders. Hechuang Intelligent Manufacturing is renowned for its expertise in the research and development, production, and sales of thermal management heat dissipation components, offering comprehensive heat dissipation solutions across various industries. This strategic acquisition will empower Zerun New Energy to gain command over the technology and processes associated with thermal management heat dissipation products, facilitate the integration of existing resources, expedite its entry into the thermal management industry, broaden its business scope, and ultimately bolster its profitability.