The Qichacha app shows that Shanghai Yingnengchu New Energy Technology Co., Ltd. was recently established, with Shi Yunzhe as the legal representative. The registered capital is 1 million yuan, and the business scope includes energy storage technology services; research and development of carbon reduction, carbon conversion, carbon capture, and carbon sequestration technologies; energy management services, etc. The equity penetration of Qichacha shows that the company is indirectly wholly owned by Jiangsu Beiren.