Ice Wheel Environment: The heat management sector benefits from policy drivers, with industrial heat pumps and waste heat recovery technologies becoming key areas of development.

Icewheel Environment stated in its investor relations activities that the company is focusing on the development of thermal energy management business with Beijing Huayuan TaiMeng as its core, and this sector is listed as a key nurtured 'dual carbon' seed business. Huayuan TaiMeng owns four core technology groups including absorption heat exchange with large temperature difference, flue gas waste heat recovery, MVR technology, etc. Many of its technologies are included in the National Green Technology Promotion Catalog, the Ministry of Industry and Information Technology's Energy-saving Technology Recommendation Catalog, and the national Energy Conservation Center typical cases. Its 'absorption heat exchanger' has been awarded the national manufacturing industry champion product, and related technologies have been applied in urban heating transformations, petrochemical, power generation, and other fields.