Shaanxi Investment Emerging Industry Development Co., Ltd. (hereinafter referred to as Shaanxi Investment Emerging) was established in June 2016 by Shaanxi Investment Group Co., Ltd. (formerly Shaanxi Energy Group Co., Ltd.) with a registered capital of 1 billion yuan. As an important platform for Shaanxi Investment Group to give full play to its capital advantages and foster new momentum, Shaanxi Investment Group is undertaking important strategic tasks such as leading industrial restructuring and upgrading and maintaining and increasing the value of state-owned assets. Since its establishment, it has been relying on the state to cultivate strategic emerging industries and promote rapid development along the way.