Geely Automobile invests in Baotou to establish Shanjv Battery Company.

The Qi Cha Cha APP shows that recently, Baoji Shanju Battery Co., Ltd. was established with Ren Xiangfei as the legal representative. The registered capital is 50 million yuan, and the business scope includes battery manufacturing, battery sales, battery accessories production, capacitor and related equipment manufacturing, etc. Equity penetration displayed on Qi Cha Cha shows that the company is fully owned by Zhejiang Geely Auto Parts Industry Co., Ltd.