Shanghai Cheyouhui is an auto parts supplier, mainly engaged in the wholesale of auto parts, the sales of new energy vehicle production and testing equipment, and the sales of auto decoration products. Recently, Shanghai Che Youhui received investment from Douyin affiliate Beijing Quantum Yuedong Technology Co., Ltd. The investment scale is tens of millions. After the investment, the latter holds 20% of the shares. It is expected that the equity change will be completed after the investment.
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