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Clean Energy Technologies Announces It Has Not Signed Any Agreement With China Ruifeng Over Its AI Computing Center Project In China's Xuanhua District
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Clean Energy Technologies, Inc. (NASDAQ:CETY) ("CETY" or the "Company"), a clean energy technology company delivering scalable solutions in power generation, storage, waste-to-energy, and heat-to-power, today provided an update regarding its investment in a convertible bond issued by China Ruifeng Renewable Energy Holdings Limited (Stock Code: 00527.HK) ("China Ruifeng"), a company listed on The Stock Exchange of Hong Kong.

As previously disclosed, CETY entered into a purchase agreement to acquire a portion of a convertible bond issued by China Ruifeng.

On February 9, 2026, China Ruifeng publicly announced that it, through its wholly owned subsidiary Leading Win Resources Limited ("LWR"), entered into a non-binding investment framework agreement with the Management Committee of the Xuanhua Economic Development Zone in Zhangjiakou City, Hebei Province, People's Republic of China. The framework agreement contemplates LWR investing a total of approximately US$ 3.4 billion to initiate the the potential development of a large-scale artificial intelligence computing center project in Xuanhua District (the "Project"), subject to the execution of definitive agreements, regulatory approvals, and other customary conditions.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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