Modern Auto China Investment Company increased its capital to 270 million US dollars, an increase of about 11%.

Tianyancha business information shows that recently, Modern Automotive Investment Limited Company has undergone a business change, with its registered capital increasing from 243 million USD to 270 million USD, an increase of approximately 11%. The company was established in September 2004, with Wu Yijun as its legal representative. Its scope of business includes investing in areas allowed for foreign investment by the country, establishing research and development centers or departments, engaging in research, development, and training activities related to new products and high-tech, transferring its research and development results, and providing corresponding technical services, etc. Shareholder information shows that the company is jointly held by Kia Corporation and Hyundai Motor Company.