He Wang Electric and others have established a new company in Xinjiang, which includes the electric equipment sales business.

According to the Qichacha APP, recently, He Wang Electric Co., Ltd. was established, with Yang Xiang as the legal representative and a registered capital of 20 million yuan. The business scope includes sales of electrical equipment; sales of electrical accessories; sales of mechanical and electrical equipment; sales of equipment related to wind farms; research and development of systems related to wind farms, etc. Qichacha's equity penetration indicates that the company is jointly held by He Wang Electric's wholly-owned subsidiary, Shenzhen He Wang Technology Co., Ltd., among others.