According to QCC(a Chinese enterprise business information inquiry system), Shanghai Shuhui Technology Co., Ltd. was founded on October 9 with registered capital of 300 million yuan and its legal representative is Zhu Jianchong. Its business scope includes technical services, technology development, data processing, and storage support services, Internet sales (except for sales of licensed goods), etc. According to QCC’s shareholder information, Hangzhou Emi Network Technology Co., LTD., controlled by Pinduoduo CEO Chen Lei, is the wholly-owned controlling shareholder of Shu Hui Technology.
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