Recently, Wuhu Ruihuide Auto Parts Co., Ltd. has officially come into existence, with Zhang Hong appointed as its legal representative and a registered capital of RMB 10 million. The company's core business encompasses the manufacture, research, and development of automotive parts and accessories, the processing of mechanical components, rolling processing of non-ferrous metals and steel, as well as non-ferrous metal casting. A closer look at the equity structure reveals that Wuhu Ruihuide Auto Parts Co., Ltd. is indirectly wholly owned by Hefei Changqing Machinery Co., Ltd.
