According to the Qichacha APP, recently, Hainan Shuangdao New Energy Development Co., Ltd. was established, with Guo Cheng as the legal representative. The business scope includes: research and development of carbon reduction, carbon conversion, carbon capture, and carbon storage technology; sales of Internet of Things devices; Internet of Things technology services; Internet of Things application services, etc. Qichacha's equity penetration shows that the company is wholly owned by Wetown Electric
