XUNZHONG (02597) Plans to Establish Controlling Subsidiary Anhui Yuhe Shutong Intelligent Technology Co., Ltd. in Ma'anshan City

Stock News

Dec 31, 2025

XUNZHONG (02597) announced that, in line with its strategic planning and business development needs, the company will establish a controlling subsidiary named Anhui Yuhe Shutong Intelligent Technology Co., Ltd. in Ma'anshan City, Anhui Province.

The subsidiary is registered in Huashan District, Ma'anshan City, Anhui Province, with a registered capital of RMB 5 million.

The company will hold a 51% stake in the registered capital, while Anhui Mingtai Electronic Technology Co., Ltd. will hold the remaining 49%.

This investment to establish a controlling subsidiary is an adjustment based on the company's strategic planning and business development requirements, which is conducive to further enhancing the company's overall competitiveness.

It is expected to help achieve the company's long-term strategic development goals and will have a certain positive impact on its long-term development.

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