Chery Automobile has established a new equity investment company in Anhui province with a registered capital of 100 million RMB. This new entity, Anhui Moqing Equity Investment Co., Ltd., is wholly owned by Wuhu Chery Technology Co., Ltd., a subsidiary of Chery Automobile. The company's business scope includes engaging in investment activities with its own funds. AI
RANK_REASON The establishment of a new investment company with significant capital by a major automotive manufacturer. [lever_c_demoted from significant: ic=1 ai=0.1]
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