Sunshine Power has established a new materials technology company.

According to the QiChaCha app, recently, Sunshine Hydrogen New Materials Technology Co., Ltd. was established, with Yu Guohong as the legal representative and a registered capital of 1 million RMB. Its business scope includes: research and development of new materials technology; research and development of electronic specialty materials; manufacturing of electronic specialty materials; manufacturing of non-ferrous metal alloys; electroplating processing, etc. The equity penetration displayed by QiChaCha shows that the company is wholly owned by Sunshine Power's subsidiary, Sunshine Hydrogen Technology Co., Ltd.