en.Wedoany.com Reported - A company named Yiyang County Runyong New Energy Co., Ltd. has recently been registered and established, with its actual controller being power battery giant CATL. The company's business scope explicitly covers energy storage technology services and related sectors, becoming a new vehicle for CATL to deploy county-level energy storage and new energy supporting businesses.
According to industrial and commercial registration information, Yiyang County Runyong New Energy Co., Ltd. is registered in Yiyang County, Luoyang City, Henan Province. The company's registered business scope is relatively broad, with core segments including engineering and technological research and experimental development, energy storage technology services, as well as supporting businesses such as electrical installation services, fully covering the entire chain of supporting needs for energy storage projects from preliminary research and development, technology implementation, to on-site installation.
Equity penetration information shows that Yiyang County Runyong New Energy Co., Ltd. is indirectly wholly owned by CATL's system enterprises, with no external investors holding shares, making it a new energy operation platform fully controlled by CATL. This move into the Henan county-level market represents another strategic step by CATL to further penetrate China's energy storage market.
Currently, the construction pace of China's new energy storage industry continues to accelerate, with demand for county-level wind and solar supporting energy storage, industrial and commercial energy storage, and user-side energy storage projects being continuously released. Previously, CATL's energy storage-related entities were mostly established in new energy industry-concentrated first- and second-tier cities or core regions of major energy provinces. By choosing to establish a wholly-owned subsidiary in Yiyang, Luoyang, CATL can further penetrate the county-level new energy supporting market, leverage the local regional advantages to undertake regional wind and solar energy storage projects, and fill the gap in its business vehicle for the sinking market.
The energy storage business is a core segment of CATL's second growth curve. The company continues to establish new project companies and industrial platforms to deploy energy storage research and development, construction, and operation and maintenance businesses by region, covering market demands at different levels. Through wholly-owned new energy subsidiaries in various regions, CATL can specifically target local new energy project tenders, implement energy storage technology supporting and engineering installation services, and refine its regional market operation system.
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