On August 5, 2022, Fujian Hesheng Gas Co., Ltd. of chemical industry segment of HSCC Group and Zhejiang Xinrui Air Separation Equipment Co., Ltd. signed a cooperation agreement on Hesheng Gas Krypton Xenon Extraction Refining Project. Representatives including Pan Debiao, General Manager of Chemical Industry Sector China of HSCC Group, Gu Jun, General Manager of Hesheng Gas, Zhang Min, Chairman of Zhejiang Xinrui and Zou Chunrong, Deputy General Manager attended the signing ceremony. The project, with a total investment of about 100 million yuan, is expected to start construction in the fourth quarter of 2022 and trial production in the fourth quarter of 2023, which can bring nearly 100 million yuan of benefits to the enterprise every year.