Tianhong Lithium Battery and others establish a new company for energy technology development.

According to the Qi Cha Cha APP, recently Changxing Hongwei Energy Technology Development Co., Ltd. was established, with business scope including battery sales; electronic product sales; wholesale of electronic components; sales of electric bicycles, scooters and accessories, etc. According to Qi Cha Cha's equity penetration display, the company is jointly held by Tianhong Lithium Battery and others.