Times Qiji New Energy Technology (Zhuhai) Co., Ltd. has recently been officially launched, appointing Wang Xu as its legal representative and boasting a registered capital of 5 million yuan. The company's scope of operations encompasses a wide array of activities, including the research and development of cutting-edge energy technologies, the marketing of new energy vehicle battery swapping stations, the exploration and development of online energy metering technology, contract energy management, battery sales, and more. A review of the equity structure reveals that Times Qiji New Energy Technology (Zhuhai) is a wholly-owned subsidiary of CATL New Energy Technology Co., Ltd.'s Guangzhou branch.