GoodWe establishes new energy company, including power electronic component sales business.

Qichacha APP shows that Jiangsu Yushengde New Energy Co., Ltd. was recently established, with Mao Yinhua as the legal representative and a registered capital of 20 million yuan. Its business scope includes: internet data services; IoT application services; sales of photovoltaic equipment and components; sales of power electronic components; sales of metal products, etc. Qichacha equity penetration shows that the company is wholly owned by Jiangsu Yude New Energy Technology Co., Ltd., a subsidiary of GoodWe.