Recently, Shenzhen Guangchu Energy Technology Co., Ltd. has officially come into existence, naming Zhang Boyi as its legal representative and boasting a registered capital of 150 million yuan. The company's scope of operations encompasses a broad array of activities, including research and development in emerging energy technologies, manufacturing and sales of new energy prime mover equipment, production and sales of photovoltaic equipment and components, motor manufacturing, wind power technology services, and energy-saving management services. A closer look at the shareholding structure reveals that Shenzhen Guangchu Energy is a wholly-owned subsidiary of Shenzhen Yichu Energy Technology Co., Ltd., which itself is a subsidiary of Ganfeng Lithium Co., Ltd.