Weiteng Electric has established a new investment company in Jiangsu.

The Qi Cha Cha app shows that recently, Wenteng Electric Group Investment Limited Company was established, with business scope including: engaging in investment activities with its own funds; venture capital; asset management services for investments made with its own funds; and equity investments. Equity penetration shown on Qi Cha Cha reveals that the company is wholly owned by Wenteng Electric.