Xiaomi's subsidiary, Xiaomi Jingming, has established a new company in Nanjing, including sales of new energy vehicles.

App shows that recently, Nanjing Xiaomi Jingyu Technology Co., Ltd. was established, with Wang Zhensuo as the legal representative and a registered capital of 1 million RMB. Its business scope includes the sales of new energy vehicles, car sales, sales of intelligent car-mounted devices, sales of charging piles, centralized fast-charging stations, sales of new energy vehicle battery swapping facilities, battery leasing, and internet sales. Shareholder information shows that the company is fully owned by Xiaomi Group's Xiaomi Jingming Technology Co., Ltd.