FPT and others established an automotive company, including battery manufacturing business
According to the Qichacha APP, recently, Guangxi Xingchi Hechuang Vehicle Co., Ltd. was established, with Peng Shiguo as the legal representative and a registered capital of 3 million yuan. The business scope includes: electric vehicle manufacturing; motorcycle parts manufacturing; electric bicycle sales; assistive vehicle manufacturing; motorcycle and parts research and development; battery manufacturing; battery parts production; battery sales; manufacturing of automotive parts and accessories, etc. Qichacha's equity penetration shows that the company is jointly held by Guangxi Lima Electric Vehicle Technology Co., Ltd. and Guigang Xima Vehicle Co., Ltd., both under Xingxing Technology
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