On October 18, Mann announced that in order to expand the company's product layout in the energy storage industry and further expand the scale of production and operation, the company intends to acquire 51% of Hunan Ancheng New Energy Co., Ltd. (Hereinafter referred to as "Hunan Ancheng") with its own capital of 10.2 million yuan. After the completion of this
transaction, Hunan Ancheng will become a holding subsidiary of the company and be included in the scope of the company's consolidated statements. According to the
data, Man Ernst is a company that produces and sells coating dies, which are the core components of coating machines, and the latter is generally used to coat battery slurry on electrodes. At present, Ningde Times, BYD, Honeycomb Energy, Xinwangda and other domestic and foreign power and energy storage battery companies are customers of the company. As a service provider of integrated energy storage solutions,
Hunan Ancheng's product layout covers the whole industry chain of energy storage, and has formed many core technologies such as battery life cycle value evaluation, thermal management design, BMS management technology, intelligent management platform and so on.