Sanxin Medical (300453.SZ) plans to establish a wholly-owned subsidiary in Hong Kong.

Wisdom Financial News App News, Sanxin Medical (300453.SZ) announced that the company plans to invest $100,000 with its own funds to establish a wholly-owned subsidiary in Hong Kong, China, called Sanxin Medical (Hong Kong) Limited (the final name is subject to registration results, abbreviated as "Hong Kong Sanxin"). Hong Kong Sanxin has a registered capital of $100,000, and the company holds 100% of its equity.