On August 8, Zhejiang Lingshu Technology Co., Ltd. was officially launched, with Mr. Cao Li appointed as its legal representative and a substantial registered capital of 100 million yuan. The company boasts a diverse portfolio of business activities, encompassing the manufacturing, research, and development of automotive parts and accessories; the wholesale and retail of these components; the production and sale of plastic products; as well as general cargo warehousing services. According to business intelligence from Tianyancha, Zhejiang Lingshu Technology Co., Ltd. is a wholly-owned subsidiary of Leapmotor Co., Ltd.