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Midea Group’s Auto-Component Arm Boosts Capital to 1.2 Billion Yuan
1 day ago /
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Author：小编
Data from the Aiqicha App reveals that Guangdong Welling Automotive Components Co., Ltd. has recently undergone changes in its industrial and commercial registration, with its registered capital surging from 200 million yuan to 1.2 billion yuan—a substantial 500% increase. Established in October 2018, the company, under the legal representation of Qiu Xiangwei, engages in a comprehensive range of activities including the research and development, design, manufacturing, sales, and technical services of automotive and motorcycle components, as well as related products. Shareholder details disclose that the company is a collaborative venture between Midea Group Co., Ltd. and Foshan Midea Air Conditioner Industrial Investment Co., Ltd.
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