Shaoneng Group has established a new joint venture for investment in the integration of electricity and finance.

According to the Qi Cha Cha app, recently, Guangdong Shaoneng Suan Electric Financing Investment Co., Ltd. was established with a registered capital of 300 million yuan. Its business scope includes contract energy management, research and development of emerging energy technologies, energy management services, energy storage technology services, etc. Equity penetration displayed on Qi Cha Cha shows that the company is wholly owned by Shaoneng Group.