Changsha Lanao Electronic Technology Co., Ltd. (referred to as Changsha Lanao) was established in 2016 and is a hightech enterprise specializing in the recycling and cascading utilization of retired power batteries. The company has the ability to disassemble lithium battery packs, conduct cell testing, develop products, produce, sell, and provide services. The company's products are mainly used in photovoltaic energy storage, household energy storage, lowspeed power batteries, emergency starting power supplies, etc.