On August 20, 2026, HeKang New Energy unveiled its sponsorship letter concerning the 2026 listing of A-shares aimed at specific investors, with the ambition to raise a maximum of 1,651.5816 million yuan. Midea Group is set to subscribe to these shares in cash. The proceeds will be channeled into green energy and related sectors, encompassing projects like high-voltage inverters, photovoltaic grid-connected inverters, residential energy storage systems, and distributed photovoltaic power plants. While the company's portfolio spans green energy solutions, residential energy storage, high-voltage inverters, and more, it also confronts risks associated with its fundraising endeavors, financial management, and market dynamics.