Dawnway Subsidiary Launches New Tech Venture, Expanding into Multiple NEV Sectors

Recently, Golden Collar (Beijing) Technology Co., Ltd. was officially established with a registered capital of RMB 10 million. The company's business scope includes the sale of electric vehicle components, battery swapping equipment, production and testing equipment, as well as retail of automotive parts and accessories. According to data from Qichacha, the company is jointly held by Hygon Golden Stone (Beijing) International Holding Co., Ltd.—a wholly-owned subsidiary of SG Automotive Group Co., Ltd. (stock code: 600303)—and other shareholders, marking SG Automotive's further expansion into the new energy vehicle (NEV) industry chain.