Elong Power Holding Ltd is engaged in research and development, manufacturing, sales, and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The company’s lower-cost, high-power, and fast-charging batteries are designed specifically for commercial vehicles and specialty vehicles that require large-capacity energy storage systems. It operates in one operating segment and includes the manufacture, commercialization, and distribution of a variety of battery cells and battery packs for use in a wide array of applications.