Flagship Group establishes a new technology development company, including cutting-edge new materials manufacturing business.

The Qichacha app shows that recently, Shenzhen Xin Qibin Technology Development Co., Ltd. was established with a registered capital of 100 million yuan. Its business scope includes: advanced new material manufacturing; new energy power equipment manufacturing; sales of new energy power equipment; manufacturing of high-efficiency energy-saving technology equipment, etc. According to Qichacha's equity penetration display, the company is indirectly wholly owned by Qibin Group.