Fukuda Kawen Automobile increased its capital to 1.306 billion yuan, an increase of approximately 161%.

Tianyancha's business information shows that recently, a related company of Foton KaWay Automobile, Beijing KaWay New Energy Automobile Co., Ltd., has undergone business changes. New shareholders such as Anpeng Green Energy Industrial Investment Fund, Wuhan Boyuan Fengcheng Entrepreneurial Investment Partnership, Beijing Green Energy and Low Carbon Industrial Investment Fund were added. The registered capital has increased from 500 million RMB to about 1.306 billion RMB, an increase of about 161%. At the same time, there have been changes in some key personnel. The company was established in October 2022, with Chang Rui as the legal representative. Its business scope includes the production of road motor vehicles, the sale of new energy vehicles, automobile sales, automotive parts R&D, manufacturing of automobile parts and accessories, retail of automobile parts). Shareholder information shows that the company is jointly held by Yihuatong, Shanghai Boyuan Jiacheng Entrepreneurial Investment Partnership, Shenzhen Fuyuan Smart Investment Partnership, and the newly added shareholders mentioned above.