1, the E+ round of financing led by SAIC will be completed in 2020. Tao Qing (Kunshan) Energy Development Co., Ltd. is a high-tech enterprise founded by the team of Academician Nan Cewen of Tsinghua University, and a leader in the industrialization of solid-state lithium batteries in China. The company focuses on the industrial transformation of top new energy materials technology, and through the original development of key materials of lithium batteries, innovative design of equipment and optimization of mass production process, it has taken the lead in realizing the industrialization of solid-state lithium batteries, built the first production line of solid-state lithium batteries in China, and built a complete independent intellectual property system.