Shanghai Yufeng Power Technology Co., Ltd. Was established on December 1, 2021 with a registered capital of 600 million yuan and its registered address is at 598 Guanghua Road, Minhang District, Shanghai. It is an investment platform company of Dongxu Battery Industry Group.

Shanghai Yufeng Power is a high-tech enterprise mainly engaged in the research and development and investment of new energy vehicle three electric systems. Committed to the research and development of cutting-edge power cell technology, fuel cell technology, electric drive technology, and vehicle control technology, providing complete solutions for the three electric systems for new energy vehicles. The products include ion batteries, fuel cells, wheel drive systems, electric drive bridge systems, etc. There is a module and pack pilot line for the management of electricity built at the Shanghai base.