According to data released, CXMT Product (Hefei) Co., Ltd. has recently undergone a business registration change, increasing its registered capital from RMB 5.661 billion to RMB 6.661 billion (From approximately $804 million USD to approximately $947 million USD), representing an increase of approximately 17.67%. Records show that CXMT Product (Hefei) Co., Ltd. was established in November 2022, with Zhao Lun serving as its legal representative, and is a wholly-owned subsidiary of CXMT Group Corporation Limited.