According to the Qichacha APP, recently, HONGYUAN New Energy Power Generation Co., Ltd. was established, with Yang Hao as the legal representative and a registered capital of 1 million yuan. The business scope includes: power generation business, transmission business, power supply business; solar power generation technology services; wind power generation technology services; centralized fast charging stations, etc. Qichacha's equity penetration shows that the company is wholly owned by HONGYUAN