Zhuhai Titans New Power Electronics Co., Ltd (hereinafter referred to as "Titans New Power" or "the company") is a wholly-owned subsidiary of Wuxi Lead Intelligent Equipment Co. Ltd.(stock code: 300450). Established in 2014, it is the only Li-ion battery formation & aging intelligent manufacturing solution provider with 100% independent intellectual property rights in the industry. It can provide Li-ion battery formation & aging intelligent turnkey solutions covering formation, capacity grading, detection, sorting, intelligent logistics etc. for pouch cells, prismatic cells and cylindrical cells.