
IM Motors and others established a new company in Sichuan with registered capital of 1.7 billion yuan.

According to US Stock Research Society, Tianyancha App shows that Sichuan Xiaodian New Energy Vehicle Technology Co., Ltd. was recently established, with Ma Jianfeng as the legal representative and a registered capital of 1.7 billion RMB. Its business scope includes sales of new energy vehicles, manufacturing of automotive parts and components, retail and wholesale of automotive parts, battery manufacturing, and battery sales. Shareholder information indicates that the company is jointly held by Hunan Zhidian Intelligent New Energy Vehicle Co., Ltd., its subsidiary Shanghai Xiaodian Automotive Technology Co., Ltd., Leshan State-owned Assets Investment and Operation (Group) Co., Ltd., and Leshan Xingjia Investment Development (Group) Co., Ltd.
According to media reports, in June this year, Zhidian Automotive's second production base and group headquarters project settled in Leshan City, Sichuan, with a total investment of approximately 3.6 billion RMB.
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