on March 30, xiexin new energy (0451.HK) announced that the board of directors suggested that “xiexin new energy holding co., ltd.” should be renamed “times digital holding co., ltd.” and the English name should be changed from “GCL New Energy Holdings Limited” to “Dynasty Digital Holdings Limited”.
In the future, the company will fully embrace the wave of digital and intelligent transformation of the energy industry with a new brand positioning, and accelerate the construction of the core competitiveness of “energy, digital intelligence, computing power-driven.
Driven by the dual goal of “double carbon” and digital economy, the energy industry is undergoing a profound transformation from “physical energy” to “digital energy. The renaming of GCL New Energy is not only an upgrade of its own strategy, but also demonstrates the determination of private energy companies to embrace digitalization and lead industry changes.
Zhu Gongshan, chairman of the board of directors of GCL New Energy, said that building “GCL Science and Technology, Digital GCL and Green GCL” in an all-round way is GCL’s long-term unswerving strategic goal. The name change is a strategic choice for the company to adapt to the global energy revolution and the integration of the digital economy. “Times Digital” is not only a brand renewal, but also represents our leap from traditional energy to digital energy. In the future, we will use
AI as the engine and digital intelligence service as the base to connect energy flow, data flow and value flow, provide customers with more efficient, smarter and lower carbon solutions, and help build a new energy system.
The board of directors of GCL New Energy believes that the name change will provide GCL New Energy with a brand-new corporate image, reflect the company’s strong service strength and future development direction, and be more in line with the overall best interests of the company and shareholders. Promote the green, sustainable and high-quality development of the enterprise. At the same time, the announcement also stated that the proposed change of company name must be approved at the shareholders’ meeting and approved by the relevant companies registry before it can be implemented. The change of the name of the Company will not affect any of the rights of the Shareholders and the day-to-day business operations of the Company and its financial condition; all issued shares bearing the existing name of the Company will continue in force and therefore no replacement will be arranged for shares bearing the new name, and any new shares will be issued under the new name of the Company after the proposed change of the name takes effect.
