Gotion High-Tech Sets Up RMB 30 Million Green Power Subsidiary in Inner Mongolia
Gotion High-Tech has established Inner Mongolia Gotion Green Power New Energy Co. , Ltd. , a wholly-owned subsidiary with registered capital of RMB 30 million. Led by legal representative Wang Peng, the new entity will engage in power generation, transmission and distribution, along with wind and solar power technical services, extending the battery maker's presence in the renewable energy sector.
Gotion High-Tech has established a green power new energy company in Inner Mongolia. Inner Mongolia Gotion Green Power New Energy Co. , Ltd. was recently incorporated with Wang Peng as its legal representative and registered capital of RMB 30 million. The company's business scope covers power generation, power transmission, and power supply (distribution), as well as technical services for wind power generation, solar power generation, and power generation more broadly. Shareholding records show the company is indirectly wholly owned by Gotion High-Tech.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Batteries & Energy Storage, with intensity 40/100 and 70% confidence over a medium term horizon.
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Wind & Solar Power
- Direction
- mixed
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.