As per data from the Tianyancha App, on September 16, Nanjing Longyue New Energy Co., Ltd. was officially established in Qixia District, Nanjing City, Jiangsu Province. The company appointed Ni Tao as its legal representative and secured a registered capital of 6 million yuan. Its business scope encompasses a wide array of activities, including providing technical services for solar power generation, manufacturing and selling photovoltaic equipment and components, leasing photovoltaic power generation equipment, as well as manufacturing and selling new energy prime mover equipment, to name just a few.

Information regarding shareholders reveals that Nanjing Longyue New Energy Co., Ltd. is entirely owned by Xi'an LONGi New Energy Co., Ltd. In turn, Xi'an LONGi New Energy Co., Ltd. is a wholly-owned subsidiary of LONGi Green Energy Technology Co., Ltd. Consequently, LONGi Green Energy Technology Co., Ltd. indirectly possesses a 100% stake in Nanjing Longyue New Energy Co., Ltd.