Hengbo Group and others have established an automotive electronics company.

According to the QiChaCha app, Jiangsu Hengbokai Zheng Automotive Electronics Co., Ltd. was recently established with a registered capital of 20 million RMB. Its business scope includes: research and development of automotive parts; manufacturing of automotive parts and accessories; retail of automotive parts. The equity penetration displayed by QiChaCha shows that the company is jointly held by Hengbo shares and others.