Douyin (TikTok) established a Vector Engine Technology Company in Wuhan.

According to the Qichacha app, recently Wuhan Vector Engine Technology Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes engineering and technical research and experimental development; agricultural scientific research and experimental development; medical research and experimental development, etc. Qichacha's equity penetration shows that the company is indirectly wholly owned by Douyin Limited.