Yuneng Technology and others establish a new energy storage company, including battery sales business.

The Business Lookup App shows that recently, Shanghai Yuwang Energy Storage New Energy Co., Ltd. was established, with Qiu Zhihua as the legal representative and a registered capital of 30 million RMB. Its business scope includes sales of photovoltaic equipment and components, sales of battery accessories, sales of batteries, leasing of photovoltaic power generation equipment, energy storage technology services, etc. The equity penetration shown by the Business Lookup App indicates that the company is jointly held by Yu Energy Technology's wholly-owned subsidiary Shanghai Yu Energy Smart Energy Technology Co., Ltd., Shanghai Weiwang New Energy Integration Technology Co., Ltd., etc.