---
title: "FOTO has established a new drive company in Pinghu, Zhejiang"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263413715.md"
description: "According to the Qichacha APP, recently, Pinghu FOTO Drive Co., Ltd. was established with a registered capital of 100 million yuan. The business scope includes: manufacturing of auto parts and components; R&D of auto parts; wholesale of auto parts; retail of auto parts, etc. Qichacha's equity penetration shows that the company is wholly owned by FOTO"
datetime: "2025-10-30T02:48:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263413715.md)
  - [en](https://longbridge.com/en/news/263413715.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263413715.md)
---

# FOTO has established a new drive company in Pinghu, Zhejiang

According to the Qichacha APP, recently, Pinghu FOTO Drive Co., Ltd. was established with a registered capital of 100 million yuan. The business scope includes: manufacturing of auto parts and components; R&D of auto parts; wholesale of auto parts; retail of auto parts, etc. Qichacha's equity penetration shows that the company is wholly owned by FOTO

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