Zai Xin Wang

Shandong Guohui Investment Co., Ltd. engages in the operations management of provincial state-owned enterprise reform and development funds. Its business activities include development of emerging industries; industrial project investment and financing; state-owned property rights restructuring, merger and acquisition, custody operation and market value management; and disposal of non-performing assets. The company was founded on January 12, 2016 and is headquartered in Jinan, China.

Shandong Heavy Industry Group Co., Ltd. engages in the manufacture of automobile and equipment. Its business segments include powertrain systems, construction machinery, commercial vehicles, yachts business, and key components. Its Powertrain Systems business offers engines, axles, and transmissions. Its Construction Machinery business provides bulldozers, loaders, earthmovers, concrete machines, and fire trucks. Its Commercial Vehicles business supplies coaches and heavy duty trucks. Its Yachts business involves in the research and development, and manufacture of yachts. Its Key Components business encompasses spark plug and axle gear products. The company was founded on June 16, 2009 and is headquartered in Jinan, China.