Zhejiang Pengyuan Supply Chain Management Co., Ltd. increased its capital to 900 million yuan, an increase of 80%.

According to the Tianyancha App, on December 3rd, Zhejiang Pengyuan Supply Chain Management Co., Ltd. underwent a change in its business registration, with Ningbo Xingchao Chain Enterprise Management Partnership Enterprise being added as a shareholder. The registered capital increased from 500 million RMB to 900 million RMB, an 80% increase, with several executives also undergoing changes. The company was established in June 2016, with Li Jun as the legal representative. Its business scope includes supply chain management services, import and export of goods, technology import and export, import and export agency, etc. It is currently jointly owned by Taiping Bird Group Co., Ltd., Zhejiang Pengyuan Materials Holdings Co., Ltd., and the aforementioned new shareholder.