CATL Indirectly Sets Up Wind and Solar Services Firm
Xundian Runyong New Energy Co. , Ltd. has been recently established, with its business scope covering wind power technical services, solar power technical services, and the sales and manufacturing of power facility equipment. Business registration data shows that the company is indirectly wholly owned by CATL.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Batteries & Energy Storage, with intensity 50/100 and 80% confidence over a medium term horizon.
Energy · 1.14
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 50
- Confidence
- 80%
- Horizon
- Medium term
Wind & Solar Power
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Wind & Solar Equipment
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.