Baolong Automotive and WFHT invested to establish a technology company in Nanjing

According to the Qichacha APP, WFHT Baolong Technology Co., Ltd. has been established, with Wu Chu as the legal representative and a registered capital of 400 million yuan. The business scope includes: research and development of automotive parts; manufacturing of automotive parts and accessories; retail of automotive parts; wholesale of automotive parts; integration of intelligent control systems, etc. Qichacha's equity penetration shows that the company is jointly held by Nanjing WFHT Jinning Co., Ltd., a subsidiary of WFHT, and Shanghai Baolong Automotive Technology Co., Ltd., a subsidiary of Baolong Technology