Ningde Times has established a new sales company in Ningde, with a registered capital of 3 billion.

The Tianyancha app shows that recently, Ningde Times Sales Co., Ltd. was established, with Zhang Yali as the legal representative and a registered capital of 3 billion RMB. Its business scope includes battery sales and sales of new energy vehicle battery swapping facilities, among others. Shareholder information indicates that the company is wholly owned by Ningde Times New Energy Technology Co., Ltd.