According to business information sourced from Tianyancha, Fujian Vector Engine Technology Co., Ltd. has been newly established, with Chen Kaihao serving as its legal representative and the registered capital amounting to 10 million yuan. This company is a wholly-owned subsidiary of Beijing Volcano Engine Technology Co., Ltd., which itself is a subsidiary of Douyin. The new entity boasts a broad spectrum of business operations, encompassing software development, data processing services, and various other domains.
