Diantou Energy and others have established Bayin New Energy Company in Inner Mongolia.

According to the Qi Cha Cha app, recently, Bayin New Energy Co., Ltd. in Ejin Banner was established with a registered capital of 80 million yuan. Its business scope includes operating electric vehicle charging infrastructure, carbon reduction, carbon conversion, carbon capture, and carbon sequestration technology research and development. Shareholding penetration displayed by Qi Cha Cha shows that the company is jointly held by multiple investors including China Power Investment Corporation.