According to the Qichacha APP, recently, Tianjin Shandianbang Electrical Utilities Engineering Co., Ltd. was established, with Hu Yuqing as the legal representative and a registered capital of 8 million yuan. The business scope includes: engineering management services; 5G communication technology services; sales of power transmission and distribution monitoring and control equipment; sales of network equipment, etc. Qichacha's equity penetration shows that this company is jointly held by Beijing Sifang Automation and others.