Changshu Tianyin Electromechanical (300342.SZ) establishes wholly-owned subsidiary Tianyin Xingfu to expand radar and aerospace electronics business.

Changshu Tianyin Electromechanical (300342.SZ) announced that, in order to enhance the company's core competitiveness and improve its capacity for sustainable development, the company used 30 million yuan of its own funds to establish a wholly-owned subsidiary, "Foshan Tianyin Satellite Testing Service Co., Ltd." (referred to as "Tianyin Xingfu"). Tianyin Xingfu has now completed the industrial and commercial registration procedures and obtained the Business License issued by the Foshan Nanhai District Market Supervision Administration. This investment is both a strategic necessity for the company to optimize its governance structure and improve operational efficiency, and a pragmatic move to increase its layout in the radar and aerospace electronics sector and achieve high-quality development. It is expected to further improve the company's high-end product layout, strengthen the company's operating strength and profitability, and have a positive impact on the company's future business development and operating performance.