Xinwangda established an electronics company in Zhejiang with a registered capital of 100 million yuan.

According to the Enterprise Check App, recently, Zhejiang Xin Zhiwang Electronics Co., Ltd. was established, with Li Zaibo as the legal representative and a registered capital of 100 million yuan. Its business scope includes the manufacturing of electronic components, manufacturing of smart home consumer devices, research and development of household appliances, manufacturing of household appliances, and sales of smart in-vehicle devices. Equity penetration shown by Enterprise Check shows that the company is indirectly wholly owned by Xinwanda.