On December 23, Glonghui reported that Yongxing Special Materials Technology (002756.SZ) announced that in order to actively respond to market changes in the special steel New Materials business, continuously promote the optimization and adjustment of product structure, keep reducing production costs, and enhance the market competitiveness of the company's special steel business for sustainable and high-quality development, the company plans to jointly invest with Mr. Yao Guohua, the company's vice president, and other management personnel of the special steel New Materials business to establish a holding subsidiary. This holding subsidiary will participate in the operation and management of the special steel New Materials business, aiming to further improve the operating profit of the company's special steel business based on existing performance through the strong binding of the company and operators, achieving mutual benefits and win-win results for the enterprise, shareholders, and operators.
The registered capital of the holding subsidiary is 24.5 million yuan, of which the company subscribes to a registered capital of 12.5 million yuan, holding 51.02%; Mr. Yao Guohua subscribes to a registered capital of 2.5 million yuan, holding 10.20%; the remaining management personnel of the special steel New Materials business subscribe to a registered capital of 9.5 million yuan, accounting for 38.78%.