According to an announcement published by the Ministry of Industry and Information Technology of the PRC ("MIIT") on its website on 22 June, the draft of "2011–2020 Development Plan for Energy Saving and the New Energy Vehicle Industry" (節能與新能源汽車產業發展規劃2011-2020) (the "Plan") has been completed. To verify the strategic implementation and key supportive measures of the Plan, MIIT is to conduct a study of energy saving and new energy vehicle and accessories manufacturers and research institutes in China. Tianneng Power is one of the key targets in MIIT’s study on motive batteries. An analyst has predicted that a new tide of investment in new energy vehicles will be started after the Plan has been officially launched.