According to the Qichacha APP, recently, Jiangsu Jiangcheng Intelligent Equipment Co., Ltd. was established, with Zhang Dajun as the legal representative and a registered capital of 20 million yuan. The business scope includes: sales of intelligent basic manufacturing equipment; manufacturing of intelligent basic manufacturing equipment; manufacturing of new energy power equipment; sales of new energy power equipment, etc. Qichacha's equity penetration shows that the company is wholly owned by CTN indirectly