According to the Tianyancha App, Shanghai Xunhui Information Technology Co., Ltd. and Shanghai Xunhe Information Technology Co., Ltd. have recently been established, with legal representatives Zhao Jiazhen and Liu Zhigang respectively. The registered capital of both companies is 10 million RMB, and their business scope includes data processing services, enterprise management consulting, retail of computer software and hardware and auxiliary equipment, retail of clothing and apparel, toy sales, home goods sales, etc. According to shareholder information, both companies are wholly owned by Hangzhou Micron Network Technology Co., Ltd., a subsidiary of Pinduoduo.