At present, our company has invested 10 million yuan to enter the new energy field, focusing on solar/wind grid connected power generation projects. As a clean energy, solar/wind grid connected power generation will become a renewable energy with growth potential in the future as the cost of power generation decreases gradually with the progress of technology. On the core technology of grid connected inverter, Shandong Boas has completely independent intellectual property rights. After the capital increase, the registered capital of the company will be changed from 3 million yuan to 10 million yuan. This capital increase is mainly focused on the solar/wind grid connected power generation project. After the implementation of this project, our company can make full use of the existing marketing network and sales channels to further seize the domestic market and expand the international market.