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According to Qichacha's data, on September 9th, Kexin Power Battery System (Hubei) Co., Ltd. came into existence. Zhang Yanchao serves as its legal representative, and the company boasts a registered capital of 200 million yuan. This new entity is a wholly-owned subsidiary of Dongfeng Hongtai, which in turn is a subsidiary of Dongfeng Motor. (Here, "came into existence" is a more natural and idiomatic way to say a company is established in English. Also, "boasts" adds a bit of positive flair when describing the registered capital, though "has" would also work perfectly fine. The last sentence is restructured for better flow and clarity, following the common English habit of starting with the most direct information and then providing additional context.)
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