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A BAIC Group Subsidiary Sets Up New Company in Quanzhou, Expanding into Battery Sales
1 day ago /
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Author：小编
According to the Aiqicha App, Quanzhou Penglong Zhiyuan Automobile Sales and Service Co., Ltd. has been recently established, with Cai Tao serving as its legal representative and a registered capital of 34 million yuan. The company's business scope encompasses the sales of brand-new energy vehicles, the retail of automobile parts and accessories, battery sales, and electronic product sales. An equity penetration analysis (a method to examine the ownership structure and influence within a company) reveals that this new entity is wholly owned by Beijing Penglongxing Automobile Trading Co., Ltd., a subsidiary under the umbrella of Beijing Automobile Group Co., Ltd. (commonly known as BAIC Group).
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