Welling Automotive Components, a Subsidiary of Midea Group, Boosts Capital to 1.2 Billion Yuan, Representing a 500% Surge

1 day ago / Read about 0 minute

Author：小编

Recently, Guangdong Welling Automotive Components Co., Ltd. has successfully undergone changes in its industrial and commercial registration, with its registered capital soaring from 200 million yuan to a staggering 1.2 billion yuan, signifying a remarkable 500% increase. Founded in October 2018, the company is headed by Qiu Xiangwei as its legal representative. Its operations encompass the research and development, design, manufacturing, sales, and technical services of automotive and motorcycle components. The company is a joint venture between Midea Group and Foshan Midea Air Conditioner Industrial Investment Co., Ltd.

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