Enterprise investigation shows that on December 22, Weineng (Shanghai) Battery Technology Co., Ltd. was established with registered capital of 500 million yuan and legal representative of Lu Ronghua . Its
business scope mainly includes energy storage technology services, battery leasing, charging control equipment leasing, battery sales and battery spare parts sales.
According to equity penetration, Weineng (Shanghai) Battery Technology Co., Ltd. is wholly owned by Wuhan Weineng Battery Assets Co., Ltd.
It is reported that Wuhan Weineng Battery Assets Co., Ltd. is a battery asset operation company, founded in August 2020, as a BaaS technology and business model innovation company, with the mission of "efficient battery management, low-carbon energy world", to fully tap the economic and climatic benefits of power batteries, and to promote the development of power batteries. It is jointly owned by Weilai Holdings Limited, Ningde Times and other companies.