On 26 March 2021, JV Subsidiary of Huscoke Holdings Limited (00704.HK) entered into a Cooperation Agreement with Energy Technology and Jinyan Electricity, pursuant to which JV Subsidiary entrusts Energy Technology for the construction of a new coking furnace which has a height of 7.1 meters with annual production capacity of 600,000 tons of coke. The total investment amount is approximately RMB 600,000,000.