Hangzhou Huasu Technology (301157.SZ) established a wholly-owned subsidiary to expand its data center intelligent management business.

Hangzhou Huasu Technology (301157.SZ) announced that in order to better meet the needs of business development, implement strategic planning, expand data center intelligent management business, and further enhance market competitiveness, the company has invested 5 million RMB of its own funds to establish a wholly-owned subsidiary called Hangzhou Huachuang Zhilian Technology Co., Ltd. Recently, Hangzhou Huachuang Zhilian Technology Co., Ltd. has completed industrial and commercial registration and obtained a business license issued by the Market Supervision Administration of Shangcheng District, Hangzhou City.