Huichuan Technology and others have established a rail transit equipment company in Qingdao.

According to the Enterprise Check APP, Qingdao Jingwei Ruiji Rail Transit Equipment Co., Ltd. was recently established, with Wang Jishuang as the legal representative. Its business scope includes manufacturing of urban rail transit equipment, motor manufacturing, sales of rail transit special equipment, key systems and components, and sales of high-speed rail equipment and accessories. According to the equity penetration displayed on Enterprise Check, the company is jointly held by Wang Jishuang and Huichuan Technology's wholly-owned subsidiary, Jiangsu Jingwei Rail Transit Equipment Co., Ltd.