Times Qiji New Energy Technology (Yulin) Co., Ltd. has recently been officially established, with Guo Qi serving as its legal representative and a registered capital of 5 million RMB. The scope of the company's business includes leasing of charging control equipment, sales of charging piles, new energy vehicles, and electrical accessories. According to equity information, this venture is wholly owned and controlled by CATL's subsidiary, Times Qiji Green Energy Technology (Shenzhen) Co., Ltd.