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CATL establishes a new energy company in Wuxi
According to the JJS data on October 24, Runshi New Energy Co., Ltd. was established in Wuxi, Jiangsu. The legal representative is Fan Yizhen, and the registered capital is 5.25625 million yuan. The business scope includes: power generation business, power transmission business, supply (distribution) electricity business; construction engineering construction; transmission, power supply, and power receiving power facilities installation, maintenance and testing, etc. The equity penetration of QCC shows that the company is indirectly wholly-owned by CATL.