Lungci Technology Investment has established an energy storage technology company that includes power generation business.

According to the Qi Cha Cha APP, recently, Jinzhai Longci Energy Storage Technology Co., Ltd. was established, with Chen Zhengyou as the legal representative and a registered capital of 10 million yuan. Its business scope includes energy storage technology services, electric vehicle charging infrastructure operation, power generation business, power transmission business, power supply business, etc. The equity penetration shown by Qi Cha Cha shows that the company is indirectly fully owned by Longci Technology.