Recently, Times Qiji Green Energy Technology (Chengdu) Co., Ltd. has been incorporated with Yan Zhuo serving as its legal representative and a registered capital of RMB 20 million. The company's core operations encompass research and development in emerging energy technologies, sales of new energy vehicle battery swapping facilities, contract energy management, and battery sales. An equity penetration diagram reveals that this entity is a wholly-owned subsidiary of CATL's Times Qiji Green Energy Technology (Shenzhen) Co., Ltd.
