Wanxiang Group establishes Ju Kong Technology Company, including battery manufacturing business.

Qichacha APP shows that recently, Wanxiang Jukong Technology Co., Ltd. was established, with Jin Zechuan as the legal representative and a registered capital of 10 million yuan. Its business scope includes battery manufacturing; battery sales; sales of electronic specialty materials; sales of battery parts and accessories; sales of metal ores; investment activities with self-owned funds, etc. Qichacha equity penetration shows that the company is wholly owned by Wanxiang Group Corporation.