What is the relationship between Zhejiang Xin Kinetic Energy and Xinwangda?

Zhejiang Xin Kinetic Energy is a subsidiary of Xinwangda. Zhejiang Xindong Energy Technology Co., Ltd., located in Lanxi Economic Development Zone, is a holding subsidiary of Xinwangda Electronics Co., Ltd., covering an area of about 300 mu. As an overall solution provider of high-end smart battery ecological chain at home and abroad, the company deeply cultivates the market of consumer terminal accessories, smart travel batteries, small power batteries, small energy storage batteries and their corresponding battery systems.