Shenghui Technology and others have established a new company, including research and development of new material technology.

According to the Qichacha app, recently, Shenghui Shuoyi Technology Co., Ltd. was established, with Ji Faqing as the legal representative and a registered capital of 10 million yuan. The business scope includes: research and development of distribution switch control equipment; sales of mechanical and electrical equipment; manufacturing of power electronic components; research and development of new material technology. The equity penetration displayed by Qichacha shows that the company is jointly held by Shenghui Technology and Shanghai Mige Management Consulting Co., Ltd.