According to the Tianyancha App, on August 28, Guoxuan Hi-Tech Sales Co., Ltd. was established. The legal representative is Chen Wei, with a registered capital of 1 billion yuan. Its business scope includes battery sales, battery spare parts sales, NEV production and testing equipment sales, new energy technology research and development, and new energy power equipment manufacturing. According to shareholder information, the company is wholly owned by Hefei Guoxuan Hi-Tech Power Energy Co., Ltd., a subsidiary of Guoxuan Hi-Tech.

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