Recently, Diyi Energy Technology (Suzhou) Co., Ltd. made its official debut, with Li Zhongbing serving as its legal representative and a substantial registered capital of 700 million yuan. The company boasts a diverse array of business operations, encompassing the manufacturing and sales of batteries, the sale of complete vehicles (including both traditional automobiles and new energy vehicles), machinery and equipment leasing, as well as leasing services for small and micro passenger cars, among other sectors. A closer look at the equity structure reveals that the company is a wholly-owned subsidiary of Anhui Diyi Energy Technology Co., Ltd., which itself is a subsidiary of Chery Automobile Co., Ltd.