Intelligent Power, etc. established a technology company including battery spare parts manufacturing business.

According to the enterprise check app, recently, Shenzhen Zhisheng Guneng Technology Co., Ltd. was established, with Yan Zhi as the legal representative and a registered capital of 10 million RMB. Its business scope includes research and development of emerging energy technologies, research and development of electronic materials, production and sales of battery components, and battery manufacturing. The equity penetration displayed by the enterprise check app shows that the company is jointly held by Zhidongli's wholly-owned subsidiary Dongguan Zhidongli Electronic Technology Co., Ltd. and Shenzhen Zhongrui Power Technology Co., Ltd.