Xinquan Group increased its capital to approximately 7.1 billion, an increase of 40%.

According to the Tianyancha App, recently, Xinquan shares have undergone industrial and commercial changes, with registered capital increasing from about 510 million RMB to about 710 million RMB, an increase of 40%. The company was established in April 2001, with Tang Zhihua as the legal representative. Its business scope includes the design, manufacturing, and sales of automotive interior and exterior trim components and their molds, as well as the import and export of various goods and technologies through self-operation and agency. It is jointly held by Jiangsu Xinquan Zhihe Investment Co., Ltd., Tang Zhihua, Hong Kong Central Clearing Company Limited, and others.