Yubang New Materials: Subsidiary Shanghai Yubang Fengjun is involved in energy storage and liquid cooling business.

Yubang New Materials stated on the interactive platform on March 3 that the company has a stake in its subsidiary, Shanghai Yubang Fengjun, which is involved in energy storage and liquid cooling businesses. Currently, it is in the market cultivation period and has not entered into partnerships with Ningde Times and Sungrow Power.