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BetterLife Holding Limited (Beijing) (China)

Main Activities: Automobile Dealers
Full name: BetterLife Holding Limited Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

BetterLife Holding Limited, located in Beijing, is a company that was previously known as Changhong Road and Bridge. It was established by five individuals, including Chen Lihua, who collectively invested 1.2 million yuan. On September 3, 2003, Huzhou Jinling Certified Public Accountants issued a capital verification report confirming that all shareholders of Changhong Road and Bridge had fully paid their respective investments. On September 4, 2003, Changhong Road and Bridge completed its establishment registration with the Changxing County Administration for Industry and Commerce and obtained the registration number 3305222080886 for its business license. On May 26, 2013, through a resolution passed by the shareholders' meeting of Changhong Road and Bridge, the limited liability company was transformed into a joint-stock company and renamed Zhejiang Zhekuang Heavy Industries Co., Ltd. The specific plan was based on the audited net assets of Changhong Road and Bridge as of February 28, 2013, which amounted to 99,615,720.70 yuan (parent company caliber) after deducting the special reserve fund for safety production, and the remaining net assets of 99,520,389.92 yuan were converted into a capital reserve. On May 30, 2013, all seven initiators of Changhong Road and Bridge signed the Initiators Agreement. On June 14, 2013, Zhonghui Certified Public Accountants issued a capital verification report confirming that all initiators of Changhong Road and Bridge had fully paid their respective investments as agreed upon by June 11, 2013. On July 9, 2013, the company registered with the Huzhou Administration for Industry and Commerce and obtained the registration number 330522000002767 for its business license. On April 24, 2021, the company changed its Chinese name from "Zhejiang Zhekuang Heavy Industries Co., Ltd." to "Zhekuang Heavy Industries Co., Ltd."

Headquarters
Betterlife Automobile Park, No. 143 North Road, West 4Th Ring, Haidian District,The Prc
Beijing; Beijing;

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Website: http://www.blchina.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 18, 2018
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Secretary
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Secretary
Ownership Details
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72.29%
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Subsidiaries
Betterlife International Motor Co., Limited (Hong Kong SAR, China)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-20.2%
Total operating revenue
-18.27%
Operating profit (EBIT)
-18.1%
EBITDA
-17.44%
Net Profit (Loss) for the Period
-8.18%
Total assets
-10.1%
Total equity
1.94%
Operating Profit Margin (ROS)
0.04%
Net Profit Margin
0.15%
Return on Equity (ROE)
-0.18%
Debt to Equity Ratio
-16.84%
Quick Ratio
0.13%
Cash Ratio
0.07%

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