HFH and others establish a new company including battery leasing business

According to the Qichacha APP, recently, Shenzhen Hongzhi Micro Network Technology Co., Ltd. was established with a registered capital of 50 million yuan. The business scope includes: battery manufacturing; battery sales; battery leasing; research and development of distribution switch control equipment; leasing of photovoltaic power generation equipment, etc. Qichacha's equity penetration shows that the company is jointly held by HFH and others