Contemporary Amperex Technology Co. Limited (CATL) invested in establishing a new company in Lanzhou, including the business of charging piles.

According to the QiChaCha app, recently, Eraide New Energy Technology Co., Ltd. was established, with business scope including: sales of electric vehicle charging, leasing of charging control equipment, sales of charging piles, and sales of new energy vehicles. Equity penetration displayed on QiChaCha shows that the company is wholly owned by Eraide Green Energy Technology (Shenzhen) Co., Ltd., a subsidiary of CATL (Contemporary Amperex Technology Co. Limited).