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Guoxuan High-Tech Investment Establishes New Company Focused on IoT Business

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**Guxuan High-Tech Investment Establishes New Company with IoT Business**

According to the Qichacha app, Tongcheng Lvting Guxuan Wind Power Generation Co., Ltd. was recently established, with Zong Huaxing serving as the legal representative. The company has a registered capital of 1 million yuan and its business scope includes: research and development of Internet of Things (IoT) technology; geographic remote sensing information services; and research and development of technologies related to carbon reduction, carbon conversion, carbon capture, and carbon sequestration.

Ownership data from Qichacha indicates that this company is fully owned by Tongcheng Xuaneng Wind Power Generation Co., Ltd., which is a subsidiary of Guxuan High-Tech (stock code: 002074).

(Source: People’s Finance)