Lin Yang Energy Investment establishes a new energy storage technology company.

According to the QiChaCha app, recently, Baoding Jiuqi Energy Storage Technology Co., Ltd. was established, with Shi Weibing as the legal representative and a registered capital of 10 million RMB. Its business scope includes energy storage technology services, solar power generation technology services, wind power generation technology services, and research and development of emerging energy technologies. Equity penetration information on QiChaCha shows that the company is wholly owned by Jiangsu Linyang Energy Storage Technology Co., Ltd. under Linyang Energy.