Douyin Group has established an e-commerce company in Changzhou.

Tianyancha business information shows that recently, Changzhou Hengtu Electronic Commerce Co., Ltd. was established, with Li Hailong as the legal representative. The registered capital is 1 million RMB, and the business scope includes food sales, internet sales, supply chain management services, daily department store sales, household appliance sales, wholesale of cosmetics, etc. Shareholder information shows that the company is wholly owned by Shanghai Yaofeng Information Technology Co., Ltd., a subsidiary of Douyin Group.