Linyang Energy established two energy storage technology companies in Shanghai
According to the Qichacha APP, recently, Shanghai Juqi Hong Energy Storage Technology Co., Ltd. and Shanghai Qiyang Energy Storage Technology Co., Ltd. were established, with Lu Jianrong as the legal representative. The business scope of both companies includes: energy storage technology services; research and development of emerging energy technologies; research and development of mechanical equipment; battery sales; sales of battery accessories, etc. Qichacha's equity penetration shows that both companies are wholly owned by Jiangsu Linyang Energy Storage Technology Co., Ltd., a subsidiary of Linyang Energy
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