--- title: "ST East Group Investment establishes a new energy storage company" type: "News" locale: "en" url: "https://longbridge.com/en/news/250057215.md" description: "According to the Qichacha APP, recently, Baiyin Yite Rongxin Energy Storage Co., Ltd. was established, with Wang Kegang as the legal representative. The business scope includes: energy storage technology services; contract energy management; engineering and technology research and experimental development; electrical equipment repair, etc. Qichacha's equity penetration shows that the company is wholly owned by East Group's Yishite New Energy Development Co., Ltd" datetime: "2025-07-25T01:56:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/250057215.md) - [en](https://longbridge.com/en/news/250057215.md) - [zh-HK](https://longbridge.com/zh-HK/news/250057215.md) generator: "portal-rs" --- # ST East Group Investment establishes a new energy storage company According to the Qichacha APP, recently, Baiyin Yite Rongxin Energy Storage Co., Ltd. was established, with Wang Kegang as the legal representative. The business scope includes: energy storage technology services; contract energy management; engineering and technology research and experimental development; electrical equipment repair, etc. Qichacha's equity penetration shows that the company is wholly owned by East Group's Yisite New Energy Development Co., Ltd ### Related Stocks - [300376.CN](https://longbridge.com/en/quote/300376.CN.md) ## Related News & Research - [Bessent's bond gambit aimed at calming markets is instead stirring inflation worries](https://longbridge.com/en/news/296642975.md) - [Trump’s Bond Buyback Push Puts Kevin Warsh in a Tough Spot — Peter Schiff Says Treasury ‘Pulled the Rug Out From Under’](https://longbridge.com/en/news/296615127.md) - [Scott Bessent Brings His Hedge Fund Playbook To Treasury. The Bond Market Is Fighting Back](https://longbridge.com/en/news/296520391.md) - [Scott Bessent Says Treasury Is 'Moving Quickly' on Stablecoin Rules: What's in the Proposal?](https://longbridge.com/en/news/296133530.md) - [The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge.](https://longbridge.com/en/news/296517751.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**