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Wanhua Chemical and Xingfa Group establish a joint venture in Hubei with a registered capital of 600 million
Tianyancha App shows that recently, Hubei Huaxing New Energy Co., Ltd. was established. The legal representative is Xu Xiaolei, with a registered capital of 600 million RMB. Its business scope includes battery manufacturing, battery sales, and emerging energy technology research and development. Shareholder information indicates that the company is jointly held by Wanhua Chemical (Yantai) Battery Industry Co., Ltd., a subsidiary of Wanhua Chemical, and Xingfa Group. (Sina Finance)