Fangzheng Electric Motor established a smart drive application technology company.

According to the QiChaCha app, recently, Deqing Fangzheng Intelligent Drive Application Technology Co., Ltd. was established with a registered capital of 50 million RMB. Its business scope includes: mechanical equipment research and development; information system integration services; technology import and export; import and export agency, etc. According to QiChaCha equity penetration shows that the company is wholly owned by Fangzheng Electric Motor.