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On January 15th, Ningde Times announced that it would hold the launch of Ningde Times EVOGO power exchange brand at 15:30 on January 18. According to statistics, recently, Ningde era has acted frequently in the field of power exchange. Among them, on August 20, 2021, Ningde Times established time Telegraph Service subsidiary in Xiamen, Fujian Province, as the main body of the power exchange business; on December 20, Ningde Times established time Telegraph (Liaoyuan) Co., Ltd. in Jilin Province; on December 24, Ningde Times signed a cooperation agreement with Guizhou provincial government to build a power exchange network.
Of course, as a power battery giant, Ningde era has also been investing in the establishment of new energy industry chain related enterprises. On January 13th, Sichuan Times New Energy Resources Co., Ltd., which is 100% owned by Ningde Times, was established with a registered capital of 1 billion yuan. Its business scope includes mineral processing, mineral washing and processing, metal ore sales, and new material technology research and development.
Not only that, at a time when enterprises are scrambling to distribute upstream lithium resources, Ningde era also repeatedly distributes mineral resources. On January 9, Fengxin Zhicun New Energy Materials Co., Ltd. was established with a registered capital of 1 billion yuan. the scope of business includes: lithium carbonate series products, lithium cathode materials and other chemical products except R & D, production and sales. The company is jointly owned by Ningde Times and Jiangxi Zhicun Lithium Industry Co., Ltd., with a shareholding ratio of 80% and 20%, respectively.
On December 31, 2021, Guizhou Times Mining Co., Ltd. was established, the legal representative is Jiang Li, with a registered capital of 800 million yuan, the scope of business includes: mining of mineral resources (non-coal mines), mineral processing (except rare earth, radioactive minerals, tungsten); mineral washing and processing; metal ore sales and so on. The company is jointly owned by Ningde Times (Guizhou) New Energy Materials Co., Ltd., a wholly-owned subsidiary of Ningde Times, and Guizhou Phosphating (Group) Co., Ltd., with a shareholding ratio of 90% and 10% respectively.
On November 23, 2021, Yichun Times New Energy Resources Co., Ltd., a wholly-owned subsidiary of Ningde Times, was established, with the legal representative of Jiang Li and a registered capital of 1 billion yuan. the scope of business includes mining of mineral resources (non-coal mines), research and development of new materials technology, investment activities with own funds, export business of lithium series products, etc.
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