Shandong Nanshan Aluminium (600219.SH) establishes Hainan Shandong Nanshan Aluminium Co., Ltd.
Nanshan Aluminum (600219.SH) announced that the company has used its own funds of 5 million RMB to establish a wholly-owned subsidiary, Hainan Nanshan Aluminum Co., Ltd. The subsidiary has obtained a business license issued by the Market Supervision Administration of Hainan Province.
Shandong Nanshan Aluminium (600219.SH) announced that the company has invested RMB 5 million in the establishment of a wholly-owned subsidiary, Hainan Shandong Nanshan Aluminium Co., Ltd., using its own funds. The subsidiary has obtained a business license from the Hainan Provincial Administration for Market Regulation.
The establishment of the wholly-owned subsidiary leverages the policies of the Hainan Free Trade Port and its location advantages to enhance the company's regional industrial layout, expand high-end aluminum product research and development, and import and export trade business scenarios. The subsidiary will serve as a regional hub to expand the overseas market reach, broaden development space, strengthen overall operating resilience, and long-term sustainable development capabilities. At the same time, by establishing a wholly-owned subsidiary, the company aims to achieve regionalized operations management, improve response speed to domestic and international markets, and optimize overall business structure and resource allocation efficiency.
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