Wanrun Technology: Wholly-owned subsidiary Wanrun Storage has a registered capital of 100 million yuan.
Wanrun Technology Announcement: The company has set up a wholly-owned subsidiary, Shenzhen Wanrun Storage Technology Co., Ltd., with a registered capital of 100 million yuan using self-raised funds. Wanrun Storage will be responsible for the construction of the advanced storage module manufacturing project and the company holds 100% of its equity. Wanrun Storage will build the advanced storage module manufacturing project in Wanrun Building, Guangming District, Shenzhen, and will purchase advanced automated storage module production and testing equipment to establish independent storage module production and testing capabilities. This will effectively meet market and customer demands, expand market share, and increase profitability.
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