Wetown Electric has established a new energy development company in Hainan
According to the Qichacha APP, recently, Hainan Shuangdao New Energy Development Co., Ltd. was established, with Guo Cheng as the legal representative. The business scope includes: research and development of carbon reduction, carbon conversion, carbon capture, and carbon storage technology; sales of Internet of Things devices; Internet of Things technology services; Internet of Things application services, etc. Qichacha's equity penetration shows that the company is wholly owned by Wetown Electric