- CEO
- David Elliot Lazar
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 315 Southeast Mizner Boulevard Reno FL United States of America 33432
- IPO Date
- Dec 15, 2006
- Business
- Energy 1 Corp. (EGOC) designs and develops green energy products, manufacturing fuel efficiency and emission reduction solutions for retrofit on diesel-powered engines; it also engages in professional consultancy services, providing e-commerce business consulting through its subsidiaries. The company, founded in 2003 and headquartered in Reno, Nevada, operates as a subsidiary of Shanghai Yicheng Culture Communication Co., Ltd., following its 2021 acquisition that integrated EGOC into Shanghai Yicheng's platform focused on smart e-commerce retail, innovative healthcare, and big data applications. Energy 1 Corp. targets the transportation industry and post-carbon economy segments, offering proprietary products to reduce particulate matter and off-gas emissions; it serves markets in the United States with potential global expansion through its parent company's ecosystem. Recent major changes include a 2021 change in control and board additions of Liu Yicheng, Cao Yilin, and Zhang Jinyuan; a 2022 announcement and 2023 completion of a 1-for-250 reverse stock split reducing outstanding shares from 13.1 billion to 52.4 million to optimize its shareholder base and prepare for market transitions; and an ongoing review of potential project acquisitions post-change in control.