Chery Automobile Investment established two automotive companies.

According to the Enterprise Check App, recently, Anhui Aika Automobile Co., Ltd. and Anhui Yuepai Automobile Co., Ltd. were established with a registered capital of 50 million yuan each. Their business scope includes: automobile sales; sales of new energy vehicles; retail of automobile accessories; sales agency, etc. According to the equity penetration displayed by Enterprise Check, both companies are wholly owned by Chery Automobile.