"GAC's Guanpai electric battery division changes its leader"

Tianyancha business information shows that recently, due to changes in business registration, Zheng Heng resigned as the legal representative and chairman of Padi Battery Technology Co., Ltd., and Wang Ke took over as the legal representative and chairman, with a director being appointed as the new chairman. At the same time, several senior executives also underwent changes. Padi Battery Technology Co., Ltd. was established in October 2022 with a registered capital of approximately 2.08 billion yuan. Its business scope includes the production of battery accessories, sales of capacitors and related equipment, processing of recycled resources, sales of mechanical equipment, battery manufacturing, recycling and cascade utilization of waste power batteries in new energy vehicles, etc. Shareholder information shows that the company is jointly held by GAC Aion New Energy Automobile Co., Ltd. and Up Energy Technology Co., Ltd.