【#Ant Group and Others Invest in Zhonghai Energy Storage#】

According to US Stock Research News, Tianyancha App shows that recently, Zhonghai Energy Storage Technology (Beijing) Co., Ltd. underwent industrial and commercial changes. The original shareholder SCC Venture IX Holdco B, Ltd. exited, and new shareholders including Shanghai Yunyang Enterprise Management Consulting Co., Ltd. under Ant Group, Beijing Changping Small and Medium Enterprises Growth Investment Fund (Limited Partnership), and Huizhou Huiyang Junheng Investment Management Partnership (Limited Partnership) were added. At the same time, the registered capital increased from approximately 32.74 million RMB to about 36.83 million RMB.

Zhonghai Energy Storage Technology (Beijing) Co., Ltd. was established in November 2020, with legal representative Wang Shen. Its business scope includes engineering and technology research and experimental development, energy storage technology services, contract energy management, battery component production, and battery component sales. It is now jointly held by Wang Shen, Beijing Zhonghai Energy Storage Enterprise Management Center (Limited Partnership), Zeng Jianhua, and the aforementioned new shareholders. The official website shows that Zhonghai Energy Storage focuses on the research and development of new large-capacity electrochemical energy storage products—iron-chromium flow battery energy storage systems.