According to information from the Tianyancha platform, Zhejiang Xinglixing New Energy Technology Co., Ltd. has recently undergone key industrial and commercial updates, introducing Xiaomi’s Hanxing Venture Capital Co., Ltd. as a new shareholder. This move has increased the company’s registered capital from 100 million yuan to 130 million yuan. Established in February 2026, Xinglixing is led by legal representative Shen Hao and focuses on the research and development of cutting-edge energy technologies, as well as the retail distribution of automotive components. The company is now co-owned by Zhejiang Jinrui Automobile Sales and Service Co., Ltd. and Hanxing Venture Capital Co., Ltd.
