On May 22, 2020, the National Small and Medium-sized Enterprise Share Transfer System Co., Ltd. published on its official website "Regarding the release of the first batch of market-level regular adjustments in 2020. A total of 502 companies have successfully emerged and entered the new third board innovation level. Hunan M&W Energy Conservation Technology Co., Ltd. (Stock code: 430573) Among them, the decision on the regular adjustment of market levels will take effect on May 25, 2020.

This selection of the innovation layer shows that Hunan M&W Energy Conservation Technology Co., Ltd. has strong overall R&D and innovation capabilities, excellent financial status, high publicity and market recognition, and has the potential to enter the selection layer.