Chery's subsidiary Wuhu Jetour Automotive Sales Company increased its capital to 2 billion, an increase of 300%.

Tianyancha App shows that recently, Wuhu Jietu Automobile Sales Co., Ltd. has undergone a business change, with its registered capital increasing from 500 million RMB to 2 billion RMB, an increase of 300%. The company was established in April 2017, with Zhang Chunwei as its legal representative. Its business scope includes car sales, retail of car parts, sales of car decoration supplies, motor vehicle repairs and maintenance, lubricant sales, battery sales, charging pile sales, and operation of electric vehicle charging infrastructure. The company is wholly owned by Chery Automobile Co., Ltd.