According to the Qichacha APP, Zhejiang Chengxing Intelligent Electric Technology Co., Ltd. has recently been established, with Qian Minguang as the legal representative and a registered capital of 0.1 billion yuan. Its business scope includes: operation of electric vehicle charging infrastructure; sale of charging piles; sale of electric vehicle chargers; contract energy management; software development; software sales; sale of photovoltaic equipment and components; sale of batteries. The equity penetration of Qichacha shows that the company is jointly held by Hangzhou Parking Industry Co., Ltd. and Hexing Electrical.