According to the Tianyancha App, on April 20, Luxun New Energy (Anhui) Co., Ltd. was established with a registered capital of 180 million yuan, the legal representative Liu Yuesheng, and the business scope includes photovoltaic equipment and component manufacturing; transformer, rectifier and inductor manufacturing; power electronic components manufacturing. Shareholder information shows that the company is indirectly wholly owned by Luxun Precision Industry Co., Ltd.
It is worth mentioning that on April 1, Lixun Co., Ltd. officially took a stake in Chery Holding Group Co., Ltd. to cooperate in developing the vehicle ODM model.