Recently, Shanwei BYD Industrial Co., Ltd. has been inaugurated with Wu Heng appointed as its legal representative and a robust registered capital of 10 million RMB. The company's expansive portfolio encompasses the manufacture of automotive parts and accessories, port tallying services, international cargo transportation, shipping agency operations, as well as the production of motors and generator sets. An equity penetration analysis reveals that Shanwei BYD Industrial Co., Ltd. is a wholly-owned subsidiary of BYD Automobile Industry Co., Ltd., which in turn is a part of the renowned BYD Company Limited.