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Recently, Times Qiji New Energy Technology (Jingmen) Co., Ltd. and Times Qiji New Energy Technology (Xianning) Co., Ltd. have been sequentially incorporated. Both entities share the same legal representative, Xiong Hongrui, and each boasts a registered capital of RMB 5 million. Their operational spectrum encompasses the research and development of cutting-edge energy technologies, the charging and retail of motor vehicles, the sale of complete new energy vehicles, and the manufacture of power transmission, distribution, and control equipment. An equity structure analysis reveals that both companies are wholly owned subsidiaries of Times Qiji Green Energy Technology (Hubei) Co., Ltd., which is itself a subsidiary of Contemporary Amperex Technology Co., Limited (CATL).
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