According to the Qichacha APP, recently, Anhui MJ New Energy Automobile Co., Ltd. was established, with Zhao Jia as the legal representative and a registered capital of 50 million yuan. The business scope includes: manufacturing of auto parts and components; retail of auto parts; wholesale of auto parts; motor vehicle repair and maintenance, etc. Qichacha's equity penetration shows that the company is wholly owned by Qingdao MJ New Energy Automobile Manufacturing Co., Ltd., a subsidiary of MJNY