Xinjiang Haohan Energy Technology Co., Ltd. announced that it has entered into capital increase agreement for proceeds CNY 0.8 million on April 8, 2022. The transaction will include participation from returning investor Xinjiang Zhundong Petroleum Technology Co., Ltd. The transaction has been approved by board of directors, and do not need to be submitted to the company's general meeting of shareholders for deliberation. After the completion of transaction, registered capital will be changed to CNY 10.08 million.