On October 25, Wanbang Digital Energy Co., Ltd. and Yitingche (Beijing) Investment Management Co., Ltd. (hereinafter 'Yitingche'), a subsidiary of Shoucheng Holdings, officially signed a strategic cooperation agreement. Going forward, the two parties will carry out all-round business cooperation in charging station investment, construction, and operation, platform interconnection, and the layout and construction of green transportation networks and smart energy networks.
StarCharge is one of the core brands of Wanbang Digital Energy Co., Ltd. and a leading unicorn in Asia's digital energy field. It provides customers across China and around the world with equipment, platforms, user and data operations, as well as comprehensive energy services such as PV-storage-charging-discharging and green electricity trading, and is committed to the corporate strategy of 'connecting energy on one end and industry on the other, building a three-network integration platform combining the charging network, energy network, and user network,' to fulfill its mission and vision of 'driving the electrification of human transportation and jointly building a global Mobile Energy Internet.'
Yitingche is the platform company of Shoucheng Holdings Limited for parking asset management in mainland China. As Shoucheng Holdings' business entity specializing in parking asset operation and management and digital, intelligent governance of urban smart transportation, Yitingche operates and manages the parking assets supporting more than 20 key international and interprovincial airports and railway transportation hubs across China, including Beijing Daxing International Airport, Beijing Capital International Airport, and Beijing Railway Station. It provides [Two Smarts, One New] comprehensive digital solution services combining smart parking, smart mobility, and a new energy ecosystem for smart urban mobility construction in multiple cities across the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Greater Bay Area, Sichuan-Chongqing, and the Northwest.
In the future, the two parties will fully leverage their respective strengths and capabilities in land reserves, charging equipment R&D and manufacturing, station investment, construction, and operation, later-stage O&M management, public charging service assurance, big data development and platform openness, as well as green transportation and smart energy including PV-storage-charging-discharging and green electricity trading, to carry out all-round business cooperation and become comprehensive strategic partners — enabling more new energy vehicles to charge on new energy electricity, providing better charging services for new energy vehicle owners, further advancing the electrification and greening of mobility in China, serving the 'dual carbon' strategy well, supporting China's green energy transition, building a new power structure, and creating a clean and beautiful future together.
