Luxshare Precision Holding Company and others have established a technology company including automotive parts research and development business.

According to the QiChaCha app, recently, Lishun Precision Technology Co., Ltd. was established, with Xiao Longcun as the legal representative and a registered capital of 10 million yuan. Its business scope includes the manufacturing of plastic products, non-ferrous metal casting, sales of high-performance non-ferrous metals and alloy materials, and research and development of automotive parts. According to QiChaCha's equity penetration display, the company is jointly held by Lixun Precision's LiKai Precision Technology Co., Ltd. and Chongqing Baiyushun Precision Industrial Co., Ltd.