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JD-SW Establishes 2 Trading Firms to Expand Auto Sales Biz: Report
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Beijing Jingdong Chaohe Trading Co., Ltd. (literal translation of "北京京東朝禾貿易有限公司") and Hengyang Jingdong Hongbo Trading Co., Ltd. (literal translation of "衡陽京東鴻博貿易有限公司") were recently established with registered capital of RMB100,000 and RMB1 million, respectively, Securities Times quoted information from Qichacha as saying.

The two companies are mainly engaged in the sales of pre-packaged food & dietary supplements, residents' daily life service, auto sales and wholesales of motorcycles and spare parts, etc..

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Both companies are wholly-owned by Beijing Jingdong Century Trading Co., Ltd., a subsidiary of JD-SW (09618.HK) (JD.US), according to the information.
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