Is Chengdu Zhongxin Automobile a subsidiary of FAW?

Chengdu Zhongxin Automobile is a subsidiary company of FAW. According to relevant information, Chengdu Zhongxin Auto Parts Co., Ltd., formerly known as FAW-Volkswagen Labor Service Company, is a wholly-owned independent subsidiary funded by the FAW-Volkswagen Labor Union. It mainly provides logistics services and production line outsourcing services for FAW-Volkswagen stamping workshops. Chengdu Zhongxin Auto Parts Co., Ltd. is located at No. 01, Floor 1, Building 3, No. 666 Nanyi Road, Longquanyi District, Chengdu City, Sichuan Province. Chengdu Zhongxin Auto Parts Co., Ltd. was established in 2013 and is located in Chengdu City, Sichuan Province. Enterprises mainly engaged in retail industry. The registered capital of the enterprise is 2 million yuan, and the paid-in capital is 2 million yuan.

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