新泉股份: 江苏新泉汽车饰件股份有限公司关于通过全资子公司在德国投资设立下属子公司的进展公告

Group 1 - The company has approved the establishment of a subsidiary in Germany through its wholly-owned subsidiary, Xinquan International Development Singapore Pte. Ltd., with an investment of €36 million [1] - The new subsidiary, Xinquan Europe GmbH, has been successfully registered with a capital of €100,000 and is located in Munich, Germany [2] - The company will also invest an additional €30 million in establishing another subsidiary, Xinquan (Bavaria) Automotive Parts Co., Ltd., under Xinquan Europe GmbH [1] Group 2 - The registered capital for both subsidiaries is set at €100,000 each, with Xinquan International holding 100% of the shares in Xinquan Europe GmbH [2] - The business scope of Xinquan Europe GmbH includes equity investment, business development, project research and development, and engineering management [2] - The registration date for Xinquan Europe GmbH is May 20, 2025, with the registration number HRB 302491 [2]