Recently, Changzhou Chezhihu Construction Co., Ltd. has officially been incorporated with Mr. Hu Quangang appointed as its legal representative and a registered capital of RMB 25 million. The company's scope of business encompasses construction engineering, property management, leasing of non-residential real estate, enterprise management consulting, supply chain management services, and engineering management services. An equity penetration analysis reveals that Changzhou Chezhihu Construction Co., Ltd. is a wholly-owned subsidiary of Jiangsu Chehejia Automobile Co., Ltd., which is, in turn, a subsidiary of Li Auto.
