Recently, Yanfeng (Beijing) Automotive Seating Co., Ltd. has been inaugurated, with Li Zhanling appointed as its legal representative and a substantial registered capital of 52 million Chinese yuan. The company's core competencies encompass the manufacturing, wholesale, retail, and R&D of automotive components and accessories, alongside the import and export of goods and technologies. A closer look at the equity structure unveils that Yanfeng International Seating Systems Co., Ltd., a subsidiary of Huayu Automotive, holds 100% ownership of this newly established entity.
