Correction:
A prior press release, dated February 7, 2025, contained an incorrect partner name. The accurate name is Gaintime Industry-Finance (Beijing) Venture Capital Fund Management Co., Ltd. The corrected release follows:
XI’AN, CHINA, Feb. 10, 2025 — Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company,” formerly China Green Agriculture, Inc.) announced a February 5, 2025 strategic cooperation agreement with Gaintime Industry-Finance (Beijing) Venture Capital Fund Management Co., Ltd. (“Gaintime Fund”), a leading new energy investment fund manager. This collaboration focuses on joint development and investment in global renewable energy projects, emphasizing solar, wind, and hydropower.
The agreement establishes the “Overseas Ready-to-Build (“RTB”) Development Fund,” targeting high-quality international renewable energy projects. The partnership aims to develop at least 500 MW of renewable energy projects annually, leveraging combined expertise for efficient resource allocation and reduced overseas investment risk.
The initial focus is on European and Southeast Asian renewable energy markets. Identified projects include solar and wind power initiatives in Bulgaria, Italy, Spain, Bosnia, and Romania, ranging from 30 MW to 287 MW in capacity and at various development stages; several already have necessary permits and approvals.
“This partnership significantly advances Enlightify’s sustainability and global expansion goals,” stated Mr. Zhuoyu Li, Enlightify Inc.’s CEO. “Our collaboration, based on openness, mutual benefit, and long-term cooperation, maximizes both parties’ strengths and resources. High-level consultation and departmental coordination mechanisms will ensure seamless communication and efficient project execution. Gaintime Fund’s extensive renewable energy investment experience positions us to drive global clean energy development, contributing to a sustainable future.”
About Enlightify Inc.
The Company produces and distributes humic acid-based compound fertilizers, other compound fertilizers, and agricultural products through wholly-owned 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 acquired digital asset mining machines, established Antaeus Tech Inc. (“Antaeus”) in Delaware, and began mining bitcoins in Texas.
About Gaintime Industry-Finance (Beijing) Venture Capital Fund Management Co., Ltd.
Founded in March 2013, Gaintime Industry-Finance (Beijing) Venture Capital Fund Management Co., Ltd. is among China’s top 100 private equity fund companies, specializing in new energy investments. It utilizes platform advantages 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 results. Actual results may differ materially due to various risk factors, including: general economic, business, and environmental conditions; development, shipment, and market acceptance; competition; interest and currency exchange rate fluctuations; the impact of COVID-19; technological advances; challenges in new product development; market condition prediction accuracy; manufacturing difficulties or delays; financial instability and sovereign risk; dependence on product protection effectiveness; and litigation or regulatory actions. All forward-looking statements are qualified by this Safe Harbor Statement and risk factors detailed in SEC filings. China Green Agriculture has no obligation to update forward-looking statements, except as required by law.
For more information, please contact:
Enlightify Inc.
Tel: +86-29-88266383
Email:
SOURCE Enlightify Inc.
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