Data from the Tianyancha App reveals that Tongwei Solar Technology Co., Ltd. has recently undergone industrial and commercial registration modifications, elevating its registered capital from 100 million yuan to a staggering 3.78 billion yuan—a remarkable 3680% increase. Founded in August 2022, the company is led by legal representative Xiao Shengyi. Its core operations revolve around the sales of photovoltaic equipment and components, and it operates as a wholly-owned entity under Tongwei Co., Ltd. Furthermore, Tongwei Co., Ltd. disclosed on June 22 its intention to infuse an additional 5.06 billion yuan of its own funds into Tongwei Solar Technology Co., Ltd., its wholly-owned subsidiary, aiming to refine its capital structure and fuel business expansion.
