"GCL New Energy" plans to rename itself "Times Digital," focusing on a dual-driven approach of "Energy + Digital."

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On March 31, GCL New Energy released an announcement stating that the board of directors recommends renaming “GCL New Energy Holdings Limited” to “Dynasty Digital Holdings Limited,” and changing the English name from “GCL New Energy Holdings Limited” to “Dynasty Digital Holdings Limited.” In the future, the company will adopt a new brand positioning, fully embrace the wave of digital and intelligent transformation in the energy industry, and accelerate the development of its core competitiveness of “Energy digitalization, compute power-driven.”

Zhu Gushan, Chairman of the board of directors of GCL New Energy, said that comprehensively building “Tech GCL, Digital GCL, Green GCL” is the company’s long-standing and unwavering strategic goal. This renaming is a strategic choice for the company to align with the global trend of the energy revolution and the integration of the digital economy. “Dynasty Digital” is not only a fresh brand update, but also represents our leap from traditional energy to digital energy. In the future, we will use AI as the engine, and digital-intelligence services as the foundation, connect the flow of energy, data, and value, and provide customers with more efficient, more intelligent, and lower-carbon solutions, helping build a new energy system.

The board of directors of GCL New Energy believes that changing the name will provide GCL New Energy with a brand-new corporate image, reflect the company’s strong service capabilities and its future development direction, and better align with the company’s and shareholders’ overall best interests, thereby promoting the company’s green, sustainable, and high-quality development. At the same time, the announcement also states that the proposed change of the company’s name must be approved at a shareholders’ meeting and only after the relevant companies registry approves and registers it, will it take effect. Changing the company’s name will not affect any shareholders’ rights or the company’s daily business operations or its financial position; all issued shares with the company’s current name will continue to be valid. Therefore, no share exchange will be arranged for shares bearing the new name. After the proposed change of the company’s name takes effect, any new shares will be issued under the Company’s new name. (Liu Lili)

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