The announcement details the establishment of a wholly-owned subsidiary by the company to enhance business operations. The registered capital is set at 10 million RMB, with the parent company holding 70% and the subsidiary 30%. This move aims to improve the company's operational capabilities and market management.
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To meet the needs of business expansion and strategic development, the company has established a wholly-owned subsidiary through its investment in Shenzhen City Wanlinde Technology Co., Ltd. The registered capital is 10 million RMB, with the parent company holding 70% and the subsidiary holding 30%. This investment is expected to enhance the company's operational capabilities.
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