According to the Tianyancha App, ZTE has recently established a new subsidiary, Nanning Xingneng Zhilian Technology Co., Ltd., with Wang Zhijian appointed as the legal representative. The company, boasting a registered capital of 105 million yuan, is a wholly-owned entity of ZTE. Established on August 29, 2026, it is now fully operational. The registration was processed by the Market Supervision Administration of Yongning District, Nanning City, and the company's registered address is situated at Phase III of the Chantou Innovation Industrial Park, No. 6 Namei Avenue, Yongning District, Nanning City. Its business scope encompasses the manufacturing of electronic (gas) physical equipment and other electronic devices, refrigeration and air-conditioning equipment, cloud computing equipment, transformers and rectifiers, photovoltaic equipment and components, along with battery production and sales, as well as providing energy storage technology services.