According to CoinMeta, Sungrow Power recently established Shanghain-based Shudzhi Hengchu Energy Technology Co., Ltd., with Li Xiaoxun as its legal representative. The company's business scope includes industrial internet data services, IoT technology research and development, photovoltaic power generation equipment leasing, artificial intelligence basic software development, and application software development. Equity penetration analysis by Qichacha reveals that Sungrow Power indirectly holds a wholly-owned stake in the company.