Fengjing Group established an automotive technology company in Nanjing.

The QiChaCha app shows that recently, Nanjing Fengjing Automobile Technology Co., Ltd. was established, with Li Jingyu as the legal representative and a registered capital of 1 billion RMB. Its business scope includes: research and development of automobile parts; wholesale of automobile accessories; manufacturing of automobile parts and accessories; sales of new energy vehicles; sales of new energy vehicle accessories; research and development of new material technologies, etc. According to the equity penetration displayed by QiChaCha, the company is indirectly wholly-owned by Fengjing Co., Ltd.