Guangqi Group sets up a new sales and service company in Chongqing.

According to the Qichacha APP, recently, Chongqing Wanzhou Changwei Automobile Sales Service Co., Ltd. was established, with Jiang Siyi as the legal representative and a registered capital of 12 million yuan. Its business scope includes automobile sales, new energy vehicle sales, and small and micro passenger car leasing services. Equity penetration information from Qichacha shows that the company is wholly owned by Guangzhou Automobile Group's subsidiary, Guangzhou Commercial Trading Co., Ltd.