According to the Tianyancha App, Beijing Penglong Zhiyuan Automobile Sales Service Co., Ltd. was recently established, with Fang Zhenying as the legal representative and a registered capital of 28 million yuan. The company's business scope covers automobile sales, retail of automobile parts and accessories, sales of automobile decorative items, and conference and exhibition services. It is wholly owned by Beijing Penglongxing Automobile Trading Co., Ltd., a subsidiary of Beijing Automobile Group Co., Ltd.
