Meituan Establishes New Technology Company in Tibet
Meituan has established a new technology company in Tibet, named Tibet Sankuai Information Technology Co., Ltd., with a registered capital of 1 million RMB. The company's business scope includes information system integration services, technology services, software development, and sales, and it is wholly owned by Meituan Technology Co., Ltd. Separately, industry data indicates a significant increase in China's battery production, with a 34% year-over-year rise in April, though overall growth has slowed. This slowdown is attributed to decreased demand for power batteries, with exports becoming a key factor influencing the market. AI