新泉股份:新泉(欧洲)有限公司已完成设立
Core Viewpoint - The company has established a new subsidiary in Europe, indicating a strategic expansion into the automotive parts sector in Germany [1] Group 1: Investment Details - The company, through its wholly-owned subsidiary in Singapore, has invested €36 million to set up a new entity named Xinquan (Europe) GmbH in Munich, Germany [1] - Additionally, Xinquan (Europe) GmbH has invested €30 million to establish Xinquan (Bavaria) Automotive Parts Co., Ltd. in Bavaria, Germany [1] - The registered capital of Xinquan (Europe) GmbH is €100,000, with 100% ownership held by the Singapore subsidiary [1]