According to the enterprise inspection APP, on January 27, Xiangyang Fudi Battery Co., Ltd. was established, the legal representative He Long, the registered capital of 50 million yuan, the business scope includes: new membrane material manufacturing; new membrane material sales; auto parts and accessories manufacturing; new energy vehicle electrical accessories sales. The company is 100% controlled by Fordy Industrial Co., Ltd., which is a wholly-owned subsidiary of BYD (002594).