Ningde era also set up a new company with a registered capital of 2.5 billion!

According to information from enterprises, Suzhou Times Xin'an Energy Technology Co., Ltd. (referred to as "Suzhou Times") was officially established on October 8.

The legal representative of the Suzhou era is Jiang Yong, with a registered capital of 2.5 billion yuan. Its business scope includes research and development of emerging energy technologies, manufacturing and sales of new energy primary equipment, research and development of energy recovery systems, sales of electrical accessories of new energy vehicles, sales of power exchange facilities, research and development of auto parts, manufacture of auto parts and accessories, wholesale of auto parts, retail of auto parts, sales of charging piles, centralized fast charging stations. Battery manufacturing; battery sales; research and development of new materials and technology, etc.

The equity penetration map shows that there are four major shareholders in Suzhou era, of which Ningde era ranks first among its shareholders. the other three major shareholders are Jiang Yong, Shanghai Shida Investment Management Co., Ltd., Suzhou Xinyue Zhonghe Business Consulting Center (limited partnership).

In the information released by the enterprise, the shareholding proportion of the major shareholders in Suzhou era is unknown.

However, reports from Fast Technology pointed out that Ningde Times contributed 1.35 billion yuan and held a 54 per cent stake in Suzhou Times.

It is worth noting that the chairman of the Suzhou era was Li Ping, and Li Ping was the ultimate beneficiary. Jiang Yong is the legal representative, general manager and director of Suzhou era.

Li Ping is the fifth largest shareholder in the Ningde era, which directly holds a 4.81% stake in the Ningde era. Li Ping is also the legal representative, ultimate beneficiary and executive director of Shanghai Shida Investment Management Co., Ltd., which holds a 90% stake in Shanghai Shida Investment Management Co., Ltd.

In addition, the actual controller and ultimate beneficiary of Suzhou Xinyue Zhonghe Business Consulting Center (limited partnership) is Jiang Yong, who directly holds a 99% stake in Suzhou Xinyue Zhonghe. In Suzhou Pangu Enterprise Management Consulting Co., Ltd., which owns another 1% of Suzhou Xinyue Zhonghe, Jiang Yong's shareholding also reached 99.9933%.