Danyang SYNGEN Intelligent Technology (603007.SH) plans to invest 10 million yuan to establish a subsidiary Yibin Niwei.

21:08 26/11/2025

ST King (603007.SH) announced that its subsidiary, Anhui Nevy Automotive Power System Co., Ltd. (referred to as "Nevy Power"), is planning to invest 10 million yuan with its own funds to establish a wholly-owned subsidiary, Yibin Nevy Automotive Systems Co., Ltd. (referred to as "Yibin Nevy"). Yibin Nevy will serve as the main implementation body for high-pressure fuel tank related projects for major automobile manufacturers in the southwestern region, in order to accelerate business development, expand market share, enhance overall operational efficiency, market competitiveness, and profitability.

Danyang SYNGEN Intelligent Technology (603007.SH) announced that its subsidiary, Anhui Niwei Automotive Power System Co., Ltd. ("Niwei Power"), plans to invest 10 million yuan from its own funds to establish a wholly-owned subsidiary, Yibin Niwei Automotive Systems Co., Ltd. ("Yibin Niwei"), based on strategic planning and business development needs. The company will use Yibin Niwei as the main implementation body for high-pressure fuel tank-related projects for major automobile manufacturers in the southwestern region to accelerate business development, expand market share, improve overall operational efficiency, market competitiveness, and profitability.

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