According to the Qichacha APP, Luxshare Communications (Shanghai) Co., Ltd. was recently established, with Li Bin as the legal representative and a registered capital of 1.5 billion yuan. Its business scope includes: mobile terminal equipment manufacturing; communication equipment manufacturing; communication equipment sales; mobile communication equipment manufacturing; smart vehicle equipment manufacturing; smart vehicle equipment sales; electronic component manufacturing, etc. Qichacha's equity penetration shows that the company is wholly owned by Luxshare Precision.