According to the Qichacha APP, recently, HNAC Energy Co., Ltd. was established, with Deng Haijun as the legal representative and a registered capital of 10 million yuan. The business scope includes: operation of electric vehicle charging infrastructure; sales of intelligent power distribution and control equipment; sales of new energy vehicle battery swapping facilities; centralized fast charging stations; and system integration services for artificial intelligence industry applications, among others. Qichacha's equity penetration shows that the company is wholly owned by HNAC