Xinjiang establishes a comprehensive energy company for new energy sources.

According to the Qichacha App, recently, Xinjiang Shengneng Comprehensive Energy Co., Ltd. was established with a registered capital of approximately 200 million yuan. Its business scope includes: carbon emission reduction, carbon conversion, carbon capture, carbon storage technology research and development; big data services; and operation of electric vehicle charging infrastructure. Equity penetration data from Qichacha shows that the company is wholly owned by Xintai Energy.