Terui in Zhejiang invested in establishing a virtual power plant technology company.

Qichacha APP shows that recently, Zhejiang Special Electric Virtual Power Plant Technology Co., Ltd. was established, with Hu Yingjian as the legal representative and a registered capital of 20 million RMB. Its business scope includes energy management services, information system integration services, internet data services, data processing and storage support services, Internet of Things application services, software sales, etc. Equity penetration data from Qichacha shows that the company is fully owned by Teld New Energy Co., Ltd., a subsidiary of Techeetah.