Guangzhou Development is establishing a new energy company including the business of selling charging stations.

According to the Qi Cha Cha app, recently, Guangzhou Sui Fa Gao Jing New Energy Co., Ltd. was established, with Jiang Zhiliang as the legal representative and a registered capital of 10 million yuan. Its business scope includes: sales of station hydrogen refueling and hydrogen storage facilities; energy storage technology services; operation of electric vehicle charging infrastructure; centralized fast charging stations; charging pile sales; intelligent agricultural management, etc. Equity penetration by Qi Cha Cha shows that the company is jointly held by Guangzhou Development's Guangzhou Development New Energy Group Co., Ltd. and Gao Jing Solar Energy Co., Ltd.