Recently, the "King of Ning" settled in Beijing for another journey. According to Tianyan, Beijing Shidai Power Battery Co., Ltd. was officially established on May 17, with Meng Xiangfeng as its legal representative, a registered capital of 1 billion yuan and a business scope of battery manufacturing. Photo source: Tianyancha equity penetration shows that the company is composed of Xiaomi Auto Technology Co., Ltd., Ningde Times New Energy Technology Co., Ltd