XI’AN, CHINA, Feb. 07, 2025 — Enlightify Inc. (NYSE: ENFY), formerly known as China Green Agriculture, Inc., announced a strategic partnership with Huadian Gaintime (Beijing) Investment Fund Management Co., Ltd. (“Gaintime Fund”), a leading new energy investment firm. This collaboration focuses on co-developing and investing in global renewable energy projects, primarily solar, wind, and hydropower.

The agreement establishes the “Overseas Ready-to-Build (“RTB”) Development Fund,” with Enlightify as the limited partner (LP) and Gaintime Fund as the general partner (GP). The partnership aims to develop at least 500 MW of renewable energy capacity annually, combining their expertise to optimize resource allocation and mitigate overseas investment risks.

Initial efforts will concentrate on European and Southeast Asian markets, with projects already identified in Bulgaria, Italy, Spain, Bosnia, and Romania. These solar and wind power projects, ranging from 30 MW to 287 MW, are at various developmental stages; several have secured necessary permits and approvals.

Enlightify CEO, Mr. Zhuoyu Li, stated that this partnership is a key step in Enlightify’s global expansion and sustainability commitment. The collaboration is founded on principles of transparency, mutual benefit, and long-term cooperation, leveraging each party’s strengths. High-level communication and coordination mechanisms will ensure efficient project execution. This joint venture positions them to significantly advance clean energy projects globally.

About Enlightify Inc.

Enlightify produces and distributes humic acid-based compound fertilizers, other compound fertilizers, and agricultural products through its subsidiaries: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”), and variable interest entities. In 2023, the Company began acquiring digital asset mining machines, establishing Antaeus Tech Inc. (“Antaeus”) in Delaware, and mining bitcoins in Texas.

About Huadian Gaintime (Beijing) Investment Fund Management Co., Ltd.

Founded in March 2013, Huadian Gaintime (Beijing) Investment Fund Management Co., Ltd. is among China’s top 100 private equity firms, specializing in new energy investments. It utilizes its platform and investment banking capabilities for equity investments, asset management, and investment advisory services.

Safe Harbor Statement

This press release includes forward-looking statements under the Private Securities Litigation Reform Act of 1995, concerning the Company’s business, products, and financial performance. Actual results may differ materially due to various factors, including general economic conditions, market competition, interest and currency fluctuations, the impact of COVID-19, technological advancements, new product development challenges, market condition predictions, manufacturing issues, financial instability, and legal or regulatory actions. All forward-looking statements are qualified by this Safe Harbor Statement and the risk factors detailed in the Company’s SEC filings. Enlightify Inc. has no obligation to update forward-looking statements except as required by law.

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Enlightify Inc.
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SOURCE Enlightify Inc.