Suotong Development has established a carbon product company in Inner Mongolia.

According to the Qichacha APP, Inner Mongolia Suotong Xingtong Carbon Products Co., Ltd. was recently established, with Tang Hao as the legal representative. The business scope includes the manufacturing of graphite and carbon products; sales of graphite and carbon products; thermal energy production and supply; power generation, transmission, and supply services, among others. Qichacha's equity penetration analysis shows that the company is wholly owned by Suotong Development.