Times Qiji New Energy Technology (Weifang) Co., Ltd. has recently been incorporated, naming Chu Qingcai as its legal representative and boasting a registered capital of 5 million yuan. The company's primary focus lies in the research and development of cutting-edge energy technologies, alongside the sales of battery swapping equipment for new energy vehicles. Its parent company, Times Qiji New Energy Technology (Qingdao) Co., Ltd., is a subsidiary of Contemporary Amperex Technology Co. Limited (CATL).
