Shanghai (ZXZC)- Waymo probably has set up a subsidiary in Shanghai, the latest sign of attempts by the Alphabet-owned self-driving car company to step into Chinese market.

On May 22, 2018, a company dubbed Huimo Business Consulting (Shanghai) Co.,Ltd (hereinafter referred to as Huimo) was established in Shanghai, which is wholly owned by WAYMO LLC, the Alphabet's self-driving car company that was spun out of Google, according to a filing with China's National Enterprise Credit Information Publicity System.

With a registered capital of RMB3.5 million, Huimo will work on design and testing of self-driving vehicle parts and products, consultation of business, trade, logistics, supply chain and company management as well as other supporting services, the filing said.

Reportedly, the chairman and legal representative of Huimo is also the general counsel of Waymo. Besides, the other two board members John Krafcik and Gerard Dwyer, and a supervisor Franziska Frymann serve with key positions in Waymo, namely, the CEO, the CFO and the business director.

Shanghai Municipal Commission of Economy and Information (hereinafter referred to as the SMCEI) strived to make a number of significant overseas projects settled in Shanghai, including the autonomous vehicle project of Waymo, during its visit in Silicon Valley from July 17 to 20, according to SMCEI's official website. During the trip in Silicon Valley, Shanghai governmental delegation visited several tech companies, such as Google, Baidu USA, Synopsys, Applied Materials, ARM Holdings, Tesla, Pony ai., and Intel, etc.