Xinwangda's power increased its capital to 13.2 billion yuan, an increase of approximately 38%.

According to the Tianyancha app, on June 22, Xindar Power Technology Co., Ltd. underwent a business change, with registered capital increasing from approximately 9.57 billion RMB to approximately 13.2 billion RMB, an increase of about 38%. The company was established in October 2014, with Wang Mingwang as the legal representative. Its business scope includes software development and sales, operation of new energy vehicle charging facilities, research and sales of new energy vehicle charging equipment and accessories, etc. It is jointly held by Xindar Huizhou New Energy Co., Ltd., Tianjin Harmony Haihe Equity Investment Partnership Enterprise, CITIC Securities Investment Co., Ltd., etc.