According to data from the Tianyancha App, Shanghai Volvo Car R&D Co., Ltd., a key research and development entity under Volvo Cars, has recently undergone a significant corporate update: its legal representative has been formally changed from Yuan Xiaolin to Duan Jianjun. Established in January 2014, the company boasts a substantial registered capital of approximately RMB 619 million. Its core business operations encompass a wide range of activities, including the manufacturing of automobiles and related components, engines, as well as the research, development, and testing of IT infrastructure technologies. Additionally, the company is actively involved in automobile sales.

From a shareholding perspective, the company is jointly owned by two prominent entities: Volvo Car (China) Investment Co., Ltd. and Zhejiang Geely Holding Group Co., Ltd., each holding an equal 50% stake. This balanced shareholding structure underscores the strategic partnership between Volvo Cars and Geely Holding in the Chinese market.