Yizheng Honghan Yingli Technology Co., Ltd. was officially registered on March 19, 2025, with Lin Shangqi as the legal representative and a registered capital of 20 million RMB. It is wholly owned by Changchun Yingli Automotive Industry Co., Ltd., and represents a key strategic move for Yingli Automotive Group under its "dual carbon" goal-driven strategic upgrade. The company is registered in Yizheng City, Jiangsu Province, located in the core area of the Yangtze River Delta economic zone. Leveraging the region’s well-developed manufacturing base and convenient logistics network, it enjoys a natural advantage in industrial synergy.
As a key platform for Yingli Automotive’s deep expansion into the new energy sector, Yizheng Honghan Yingli Technology Co., Ltd. positions itself as an "intelligent energy system solution provider," dedicated to integrating advanced electrochemical energy storage technology, power electronics control technology, and digital management platforms. Its business scope is extensive, covering smart control system integration, energy-saving management services, battery sales, new energy technology research and development, contract energy management, as well as technology promotion and application services. This builds a business ecosystem encompassing the entire lifecycle from "R&D—product—service—operation."
This strategic layout not only extends Yingli Automotive’s traditional core business but also represents a forward-looking move in response to the electrification and intelligent transformation of the automotive industry. By establishing an independent legal entity focused on the energy business, the Group achieves professional operation of its business lines and resource concentration, while also retaining flexibility for introducing external capital and pursuing international cooperation in the future. It is expected that the establishment of this company will become an important milestone for Yingli Automotive’s transformation from a "parts supplier" to an "integrated energy service provider," laying a solid foundation for gaining greater influence in the global new energy market.
