Sinopec Partners with Zhongchi Chezhigu to Launch Smart Tech Venture in Shandong, Targeting EV Charging and Auto Services

Recently, Shandong Youyixing Intelligent Technology Co., Ltd. was officially established with a registered capital of RMB 20 million. The company is jointly owned by Zhongchi Chezhigu Internet Technology (Qingdao) Co., Ltd. and Sinopec Sales Co., Ltd., holding 51% and 49% stakes respectively, with Li Qian serving as the legal representative. The company’s business scope covers multiple areas, including operation of electric vehicle charging infrastructure, centralized fast-charging stations, motor vehicle charging and sales, motor vehicle repair and maintenance, used car brokerage, car rental, supply chain management, human resources services, and marketing planning—demonstrating both parties’ strategic and in-depth deployment in the new energy vehicle aftermarket and intelligent mobility services.