【Red Star Macalline Establishes Green Energy Technology Company! Including Energy Storage Technology Services, Battery Manufacturing, and Other Businesses】SMM has learned from Tianyancha that recently, Red Star Macalline Green Energy (Shanghai) Technology Co., Ltd. was established. The legal representative is Wei Huan, with a registered capital of RMB 6 million. Its business scope includes: research and development of carbon emission reduction, carbon conversion, carbon capture, and carbon sequestration technologies; energy storage technology services; battery manufacturing; manufacturing of ecological and environmental materials, etc.
Tianyancha's equity penetration analysis shows that the company is jointly owned by Macalline and its subsidiary Shanghai Red Star Macalline Industrial Co., Ltd.
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