Weitong Electric established a new investment company in Jiangsu with a registered capital of 50 million yuan.

Tianyancha App shows that recently, Weiteng Electric Group Investment Co., Ltd. was established, with Wu Bo as the legal representative, a registered capital of 50 million RMB, and operations including investment activities with its own funds, venture capital, asset management services for self-financed investments, and equity investments, all fully owned by Weiteng Electric.