Future Energy and others have established a new energy development and application company in Inner Mongolia.

According to the QiChaCha App, recently, Inner Mongolia Dongyang New Energy Development and Application Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes wholesale of electronic components, sales of mechanical and electrical equipment, research and development of emerging energy technologies, energy management services, and sales of battery accessories. Shareholding information on QiChaCha shows that the company is jointly owned by Ulanqab Dongyang New Energy Development Co., Ltd. and Yuanjing Energy Co., Ltd.