of June 5, Tianchen shares, which had just crossed the border for more than a month, issued another announcement announcing the proposed registration of Tianchen Energy Storage Technology (Wuhu) Co., Ltd . (Hereinafter referred to as Tianchen Green Energy).
The announcement shows that the registered capital of the new company is 500 million yuan, which is invested by Tianchen shares with its own capital. The business scope of
the new company includes: technical services; battery sales; energy storage technology services; sales of smart power transmission and distribution and control equipment; sales of solar thermal utilization equipment; sales of station hydrogenation and hydrogen storage facilities, etc. The licensed business items are: power generation business, power transmission business, power supply (distribution) business; Import and export of goods; import and export of technology.
Tianchen said that the company's foreign investment in the new wholly-owned Sun Company will help to promote the company's development of new business areas, optimize the company's business structure, promote the company's strategic transformation, enhance the company's development potential, and achieve the company's long-term sustainable development. According to
the data, the main business of Tianchen shares includes real estate sales, taxi business and property leasing .
A month ago, it just entered the field of photovoltaic and energy storage with a high-profile investment of 10 billion yuan, and planned to invest 11.6 billion yuan in the construction of a new energy industry base in Wuhu, Anhui Province, to build an integrated manufacturing project of 20 GW high-efficiency solar cells and 20 GW energy storage converters and energy storage systems. According to the subsequent supplementary announcement, the Sun Energy Storage Company is the project company responsible for the construction and operation of the energy storage part of the project.
Source: Digital New Energy DNE