Nanshan Aluminum Industry: investing 100 million yuan to establish a wholly-owned subsidiary Shenzhen Hesheng High-Tech.
The Nanshan Aluminum Industry announced that the company has invested 100 million yuan from its own funds to establish a wholly-owned subsidiary, Shenzhen Hesheng Gaoke Technology Co., Ltd., and has obtained a business license. The legal representative, director, and general manager of the subsidiary are Lv Zhengfeng. This investment does not constitute a related party transaction or a major asset restructuring, it is in line with the company's strategic planning, and is expected to enhance core competitiveness and risk resistance. It will not have a significant adverse impact on the company's finances, but there is a risk that the operating performance may not meet expectations.
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