On March 13, Ge Longhui Cable Testing (301289.SZ) said during an investigation with specific targets that to expand the region, the company has now set up a wholly-owned subsidiary, Guocable Guangdong, in Guangdong, and has acquired a holding subsidiary, Anhui Yutest, in Anhui to implement the strategic goals of the company's national business layout.
Expand products. The company is cultivating the electrochemical energy storage testing business. Currently, it is mainly developing liquid flow battery testing. At the same time, it is also applying for certification qualifications and developing engineering technical service capabilities to complement and further enhance the company's business scope and expand the company's business scale. The company completed the acquisition of 70% of Chuanglan Testing's shares in early 2024. Chuanglan Testing is a registered environmental monitoring social service agency in Shanghai and a qualified procurement supplier for the Shanghai Government. It is also a member unit of the China Environmental Protection Industry Association, the Environmental Monitoring Branch of the Shanghai Society of Environmental Sciences, and the Shanghai Soil Remediation Industry Alliance.