Changqing Machinery (603768.SH) announced that recently, the company utilized its own funds to establish a wholly-owned subsidiary in Feixi County, Hefei City, Anhui Province...
According to Zhitong Finance APP, Changqing Machinery (603768.SH) announced that recently, the company utilized its own funds to establish a wholly-owned subsidiary, Hefei Changhui Auto Parts Co., Ltd. in Feixi County, Hefei City, Anhui Province. This subsidiary has completed industrial and commercial registration and obtained a business license, with a registered capital of 30 million yuan.
This external investment utilizes the company's own funds and will not have an impact on the company's normal operation capital. If the project is successfully implemented in the future, it can further enhance and improve the company's profitability.