Rongjie Group has invested in establishing a battery technology company with a registered capital of 50 million yuan.

According to the Qichacha app, Guangzhou Tianjie Battery Technology Co., Ltd. was established with Wu Qinglong as the legal representative and a registered capital of 50 million yuan. Its business scope includes battery manufacturing, battery sales, battery accessories production, battery accessories sales, electronic special materials manufacturing, new material technology research and development, etc. Qichacha's equity penetration display shows that the company is wholly-owned by Rongjie Investment Holding Group Co., Ltd.