Yihuatong, Shen Chuangtou, and other companies have established a technology company with a focus on battery manufacturing business.

According to the Enterprise Check App, Hydrogen Energy Technology Co., Ltd. was recently established, with Zhang Guoqiang as the legal representative and a registered capital of 100 million yuan. Its main scope of business includes battery manufacturing, battery sales, battery parts production and sales, electronic components and electromechanical equipment manufacturing, and sales of electronic components and electromechanical equipment. The equity penetration displayed by Enterprise Check shows that the company is fully owned by Shanghai Shengli Technology Co., Ltd., which is jointly held by Yihuatong, Deep Venture Capital, and others.