Yunnan Tengzhong New Energy Technology was established in December 2008, with 10 million yuan($1.6million) in registered capital, as a hi-tech enterprise that focuses on R&D, production, and services for biomass energy products, which include biomass fuel from straw and forestry waste, bio-char, biomass fuel equipment, and heating equipment for the clean biomass fuel combustion. It also provides heating and consulting services.