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| Company      Name:            |         | Zhejiang      Chisen Electric Company Limited (Formerly Known as Changxing Chisen      Electric Co., Ltd)                                                                                                                                                                                                                                                                                                                                                                                                                    |
|-------------------------------|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Address                       |         | Changxing      Economic Development Zone, No. 1188 Taihu Road.                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Legal      representative     |         | Xu      Kecheng                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Registered      Capital       |         | RMB      120,000,000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Paid-in      Capital          |         | RMB      120,000,000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Company      type             |         | Limited      Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Scope      of operation       |         | Battery      manufacturing (involving hazardous chemicals limited branch operations),      development of energy technology, electric bicycle accessories, production      of lighting electrical appliances, subcontracting, sales of company      self-manufacture products. (involving special approval or operating under      permission, post-approval operating under permission, does not involve      <Catalogue for the Guidance of Foreign Investment Industries>      restricted categories , prohibited items) |
| Shareholder      (Founder )   |         | Fast      More Limited                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Period      of operation      |         | Feb      25, 2002 – Feb 24, 2022                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Date      of establishment    |         | Feb      25, 2002                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                          |         | Annual      inspection on 30 June                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Registration      Institution |         | Huzhou      Administration for Industry & Commerce                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                          |    | November      25, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

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