China Sodium Times (Shenzhen) New Energy Technology Co., Ltd. (Hereinafter referred to as CSIT) is a subsidiary of Sunrise New Energy Co., LTD（NASDAQ: EPOW）, which is one of the top 10 lithium battery anode material manufacturer in the world . CSIT is mainly specialize in sodium-ion battery cell&pack research and development, manufacturing and sales, based on R&D team with over 25 years experience in new energy industry, we also produce lithium ion battery packs for energy storage, e-mobility, consumer electronics, etc. Our chairman Mr. Haiping Hu is one of the leading person in the energy storage material industry in China, who owns lots of companies dedicated to the production of anode, cathode , and separator materials for lithium-ion batteries and sodium-ion batteries, sodium ion cells&packs, etc. CSIT is not only a company, but also a group. Compared with other companies, it has a unique supply chain advantage. Currently, CSIT is headquartered in Shenzhen, with offices in Dongguan, Shanghai, Shandong, and Suzhou ,and we have factories in Dongguan, Zhaoqing and Ma'anshan. The Zhaoqing plant is called Xin Na Times (Guangdong) New Energy Technology Co., Ltd., which was jointly established by CSIT and GCL Group. The Anhui Ma'anshan plant is a wholly-owned subsidiary of CSIT, with the first phase covering an area of 66,000 square meters, which could place an annual output total of 2.5Gwh battery manufacturing, and 5Gwh PACK+power storage battery. Other than China, we also have sales and distribution representative office in South East Asia and US. We believe that in near future, most of the ESS products will be implementing sodium-ion battery design.