Recently, Wikes Intelligent Equipment (Ningbo) Co., Ltd. has been established with Xia Jianpei appointed as its legal representative and a registered capital of RMB 3 million. The company's diverse business portfolio encompasses the sales of hydraulic power machinery and components, import and export of goods, import and export agency services, sales of casting machinery, CNC machine tools, specialized equipment for semiconductor devices, and intelligent unmanned aerial vehicles. An equity penetration diagram reveals that Wikes Intelligent Equipment is a wholly-owned subsidiary of Ningbo Wikes Hydraulic Co., Ltd., which is itself a subsidiary of Ningbo Bos Energy Equipment Co., Ltd.
