On the evening of January 8, Xingmin Intelligent Transportation Systems announced that the company, Suzhou Modu Intelligent Technology Co., Ltd., the actual controller Gao Henan, and Shanghai Zhichi Technology Development Partnership (limited partnership) plan to jointly establish Xingmin Modu (Shanghai) Technology Co., Ltd. (referred to as "Xingmin Modu"), which will mainly invest in the processing of removable Battery packs. Xingmin Modu's registered capital is 35 million yuan, of which the company's subscribed capital contribution is 11.2 million yuan, accounting for 32%.
兴民智通：拟设合资公司 从事可拆解电池组代工业务
Xingmin Intelligent Transportation Systems: Plans to establish a joint venture engaged in the processing of removable Battery packs.
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