Guizhou Airlines Corporation (600523.SH) Established Guizhou Branch Company

Update from Zhitong Finance and Economics APP, Guihang Stock (600523.SH) announced that the board of directors has approved the proposal on establishing the Guiyang Branch of Guizhou Guihang Automobile Parts Co., Ltd., focusing on advancing the research and development, production, and market expansion of new energy intelligent parts products. The company plans to provide the branch with operating funds of 40 million yuan for initial operations and equipment purchases.