Shanghai Fengmei Power System Co., Ltd. has recently been officially inaugurated, naming Li Wenhui as its legal representative and boasting a registered capital of 1 million Renminbi. The company's portfolio encompasses a wide range of activities, including the sale of batteries, battery components and accessories, molds, as well as mechanical and electrical equipment. Notably, the shareholding structure reveals that SAIC Volkswagen Automotive Co., Ltd., a subsidiary of the prestigious Shanghai Automotive Industry Corporation (Group), holds the sole ownership of the venture.
