Huayu Automotive's wholly-owned subsidiary Shanghai Huizhong Automotive Manufacturing and Shanghai Xijian Automotive Suspension have jointly established Shanghai Sensuobo Technology. The legal representative is Qiu Haixuan, and the registered capital is 40 million yuan. The company's business scope includes wholesale and retail of automotive parts, technology import and export, and goods import and export.
HUAYU Automotive Systems Co LtdThe company established a new subsidiary with 40 million yuan registered capital, but the impact on Huayu Automotive is unclear as the news is a routine corporate action without details on expected benefits or risks.