Douyin Volcano Engine established a new company in Fujian with registered capital of 10 million.

Tianyan Cha business information shows that recently, Fujian Vector Engine Technology Co., Ltd. was established, with Chen Kaihao as the legal representative and a registered capital of 10 million RMB. Its business scope includes software development, computer system services, data processing services, enterprise management consulting, education consulting services, corporate image planning, professional design services, organization of cultural and artistic exchange activities, retail of computer hardware and auxiliary equipment, and sales of mechanical equipment. Shareholder information shows that the company is fully owned by Beijing Volcano Engine Technology Co., Ltd., a subsidiary of Douyin.