Recently, Hangzhou Xingqiong Tensor Technology Co., Ltd. has been established, with Yang Guang serving as its legal representative and a registered capital amounting to 5 million yuan. The scope of the company's operations encompasses the development of AI application software, network and information security software, as well as advertising, electric vehicle charging services, wholesale of automotive parts, battery sales, and software sales. An equity analysis reveals that this venture is a joint effort between Geely and an affiliate of Mercedes-Benz.
