has established a new company with advanced power electronics device business.

According to the QiChaCha APP, recently, Ankao Electric Power Technology Co., Ltd. was established, with business scope including: sales of advanced power electronic devices; sales of power facility equipment; research and development of mechanical equipment; sales of distribution switch control equipment; manufacturing of mechanical and electrical equipment, etc. Shareholding information from QiChaCha shows that the company is fully owned by Ankao Intelligent Power.