A new company, Shaanxi Feike Technology Development (Zhejiang) Co., Ltd., has been established in Zhejiang with a registered capital of 20 million RMB. This subsidiary is wholly owned by Xi'an Xifei Yihe Technology Co., Ltd., which is itself under the umbrella of AVIC Xifei. The new entity's business scope includes research and development of motor and control systems, intelligent control system integration, and new material technology development. AI
RANK_REASON This is a report of a new company formation, which is a business or product-related event.
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