Sichuan Dawn Precision Technology (300780.SZ) announced that, in response to business development needs, the company established a subsidiary, Hongde Huie (Sichuan) Precision Machinery Co., Ltd. (referred to as "subsidiary" or "Hong Dehui En"), in Qing Shen County, Meishan City, Sichuan Province, through its controlling subsidiary Sichuan Dawn Aerospace...
Zhittong Finance and Economics APP news, Sichuan Dawn Precision Technology (300780.SZ) announced that, in response to business development needs, the company used its controlling subsidiary Sichuan Dawn Aerospace Technology Co., Ltd. (referred to as "Dawn Aerospace") as the investment subject to establish a subsidiary, Hongde Huie (Sichuan) Precision Machinery Co., Ltd. (referred to as "subsidiary" or "Hong Dehui En") in Qing Shen County, Meishan City, Sichuan Province. Recently, the registration procedures, such as the commercial registration, have been completed. The establishment of the subsidiary is a cautious decision made by the company from its own long-term interests, mainly for the product research and development and market development of Dawn Aerospace.