Why did Dawu change its name to Xingrui?

Dawu changed its name to Xingrui because Dawu Group was taken away by Baoding Ruixi Technology Co., Ltd. by auction and later renamed Xingrui. On April 15, 2022, Dawu Group was auctioned by Baoding Ruixi Technology Co., Ltd. for 686 10/00,000 yuan without the presence of three bidders, and was later renamed Xingrui Group.

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