Xinnwanda establishes an electronics company in Zhejiang with a registered capital of 100 million yuan.

Qichacha’s app shows that Zhejiang Xinzhhiwang Electronic Co., Ltd. was established recently, with Li Zaibo as the legal representative. The registered capital is 1 billion yuan, and its business scope includes the manufacturing of electronic components; the manufacturing of intelligent home consumer devices; the research and development of household appliances; the manufacturing of household appliances; and the sales of intelligent in-vehicle equipment, etc. Qichacha’s ownership tracing shows that the company is indirectly wholly owned by Xinwangda (300207). (People’s Finance News)

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