Elong Power Holding Limited's Comment on Supply Chain
The company employs a multi-supplier strategy for the four core components of energy storage systems: cells, battery management systems (BMS), power conversion systems (PCS), and energy management systems (EMS). For each component, it selects three or more domestic suppliers to ensure supply chain security and stability. Production instructions are provided to domestic lithium battery manufacturers for cells, PACK assemblies, and structural components. After manufacturing, a quality control team inspects all parts before third-party integration completes the final product.
Prior to March 2026, Elong and its subsidiaries specialized in research and development, manufacturing, sales, and service of lithium-ion batteries for various applications. In March 2026, Elong sold 100% equity interest in Elong BVI and its subsidiaries, including Elong Power (Hong Kong) International Limited, Elong Power (Ganzhou) Co., Ltd., Huizhou Jingyang Energy Technology Co., Ltd., Ganzhou Zhangyang Energy Technology Co., Ltd., and Zibo Jingyang New Energy Technology Co., Ltd., due to slowed growth and increased net loss in battery-related sales.
Elong Power Holding Limited's Comment on Supply Chain
The company employs a multi-supplier strategy for the four core components of energy storage systems: cells, battery management systems (BMS), power conversion systems (PCS), and energy management systems (EMS). For each component, it selects three or more domestic suppliers to ensure supply chain security and stability. Production instructions are provided to domestic lithium battery manufacturers for cells, PACK assemblies, and structural components. After manufacturing, a quality control team inspects all parts before third-party integration completes the final product.
Prior to March 2026, Elong and its subsidiaries specialized in research and development, manufacturing, sales, and service of lithium-ion batteries for various applications. In March 2026, Elong sold 100% equity interest in Elong BVI and its subsidiaries, including Elong Power (Hong Kong) International Limited, Elong Power (Ganzhou) Co., Ltd., Huizhou Jingyang Energy Technology Co., Ltd., Ganzhou Zhangyang Energy Technology Co., Ltd., and Zibo Jingyang New Energy Technology Co., Ltd., due to slowed growth and increased net loss in battery-related sales.
Sources:
Elong Power Holding Limited's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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