Zhongchuangxin Hang in Shandong invested in establishing a new company.

According to the QiChaCha app, in recent days, Zhongchuang Xinhang Technology Co., Ltd. was established with Wang Xiaoqiang as the legal representative and a registered capital of 1 billion yuan. Its business scope includes battery manufacturing, battery sales, recycling and cascading utilization of waste power batteries for new energy vehicles, and sales of new energy vehicle battery exchange facilities. Through equity penetration displayed on QiChaCha, the company is jointly held by Zhongchuang Xinhang and Tengzhou Caijin Holdings Group Co., Ltd.