According to the Qichacha APP, recently, Hangzhou Hongzhi Motor Technology Co., Ltd. was established, with Lu Can as the legal representative and a registered capital of 10 million yuan. The business scope includes: motor manufacturing; manufacturing of micro and special motors and components; manufacturing of gears and gear reducers, gearboxes; research and development of motors and their control systems, etc. Qichacha's equity penetration shows that the company is jointly held by HC and others