Lin Yang Energy and others have established an energy storage technology company.

According to the Qichacha app, recently, Jiangsu Linyao Energy Storage Technology Co., Ltd. was established, with Lu Yaochi as the legal representative and a registered capital of 10 million yuan. Its business scope includes power generation, power transmission, power supply; energy storage technology services; contract energy management; solar power generation technology services, etc. The equity penetration of Qichacha shows that the company is jointly held by Qidong Qifeng Electronics Co., Ltd. and Linyao Energy's wholly-owned subsidiary Linyao Entrepreneurship Investment Co., Ltd.