Gansu Dunhuang Shengyuan Energy Storage Technology Co., Ltd. has recently been incorporated, with Xiao Shaohui named as its legal representative and a registered capital of RMB 1 million. The venture's scope of operations encompasses power generation, transmission, and supply, energy storage technology services, biomass energy technology services, as well as research and development in cutting-edge energy technologies. An analysis of the equity structure reveals that China Energy Engineering Group Co., Ltd. holds an indirect 100% ownership stake in the company.