Xinwanda and others established an energy service company.

Sina Finance reported on March 31st that according to the Enterprise Investigation App, Shenzhen Xinjia Electric Energy Service Co., Ltd. was recently established with Sun Wei as the legal representative and a registered capital of 20 million yuan. Its business scope includes research and development of new energy technologies, power generation technology services, centralized fast charging stations, parking services, and sales of accessories for new energy vehicles. Equity penetration through Enterprise Investigation shows that the company is jointly owned by Xinwanda's wholly-owned subsidiary Shenzhen Xinwanda Energy Service Co., Ltd., Shenzhen Xinchizhonghe Investment Partnership Enterprise.