The registered capital is 1 million yuan! BYD set up a new automobile sales company in Hangzhou

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Under the general trend of new energy vehicle development, BYD ushered in a huge opportunity for development. BYD has made outstanding achievements in the field of new energy vehicles. Its sales volume has reached the leading level in the industry, and its actions in business development are also continuous. Recently, CNMO learned that BYD has opened a new company.

BYD

According to the enterprise's APP, Hangzhou Shengshi Luqi Automobile Sales Co., Ltd. was established recently with Xu Jianming as its legal representative and a registered capital of 1 million yuan. Data shows that the company's business scope includes: sales of new energy vehicles; Automobile sales; Auto parts retail; Charging pile sales; Tire sales; Recycling and echelon utilization of waste traction batteries for new energy vehicles. The company's equity penetration showed that the company was wholly owned by BYD Auto Industry Co., Ltd.

BYD New Company

It is also understood that not long ago, according to Tianyan, BYD also registered Shenzhen Yangwang Auto Sales Co., Ltd. in Nanshan District, Shenzhen. The company is 100% owned by BYD Automotive Industry Co., Ltd. Its business scope includes sales of new energy vehicles, sales of new energy vehicle electrical accessories, sales of plug-in hybrid special engines and sales of charging piles.

According to the official news of BYD Auto, Yangwang Auto is a million level high-end brand under BYD. It will use a new brand logo, independent sales service network and operation team. The price range is expected to be between 800000 yuan and 1.5 million yuan. The first model is probably an off-road vehicle, which is tentatively scheduled to be released at the end of the year.

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