Yang Electric Technology (301012.SZ) plans to invest 50 million yuan to establish Yunyang Intelligence and build the second growth curve.

Tencent Finance News, Yangdian Technology (301012.SZ) announced that the company plans to invest 50 million yuan from its own funds to establish a wholly-owned subsidiary, Sichuan Yunyang Intelligent Co., Ltd. (tentative name). This investment is based on the strategic development needs of the company and overall business planning and is a cautious decision to help the company seize the opportunity in the AIDC power supply market and build a second growth curve.