[Kailong Co., Ltd.: plans to set up Kerry New Energy to implement distributed Photovoltaic Project] May 15, Kailong shares announced that it is proposed to jointly fund the establishment of Hubei Kailui New Energy Co., Ltd. with Oda Optoelectronics, Jingli New Energy, and Jixin property, to implement Kailong's entire district distributed photovoltaic project in Jingmen City, Hubei Province, and to build a photovoltaic installation scale 13.01MWp for the distributed photovoltaic project.