According to the Tianyancha App, recently, Shanghai Ruichuang Auto Sales Co., Ltd. underwent business changes. Jia Jianxu stepped down as legal representative and chairman and was replaced by Wu Bing. The company was founded in November 2020 with a registered capital of 4 billion yuan. Its business scope includes automobile sales, new energy vehicle sales, motor vehicle repair and maintenance, etc., and is wholly owned by Shanghai Automobile Industry Co., Ltd.

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