300720SZSE

Announcement on the Establishment of a Wholly-Owned Subsidiary

Haichuan Intelligent Co., Ltd.··2 pages

✨ AI Summary

Guangdong Haichuan Intelligent Machinery Co., Ltd. announces the establishment of a wholly-owned subsidiary in Kunshan, Suzhou, Jiangsu Province, with a registered capital of RMB 10 million. This move aligns with the company's overall development strategy and is expected to positively impact business growth. The establishment does not constitute a connected transaction or major asset restructuring.

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Full Translation

AI Translation· gemini_document

Stock Code: 300720

Stock Abbreviation: Haichuan Intelligent

Announcement No.: 2026-042

Guangdong Haichuan Intelligent Machinery Co., Ltd.

Announcement on the Establishment of a Wholly-Owned Subsidiary

The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Guangdong Haichuan Intelligent Machinery Co., Ltd. (hereinafter referred to as the "Company") convened the Ninth Meeting of the Fifth Board of Directors on August 7, 2026, and reviewed and approved the "Proposal on the Establishment of a Wholly-Owned Subsidiary." It was agreed to establish a wholly-owned subsidiary in Kunshan City, Suzhou City, Jiangsu Province, with a registered capital of RMB 10 million. The capital will be subscribed using the Company's own funds, with a shareholding ratio of 100%.

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