AEOLUS(SH:600469) Shang Hai Zheng Quan Bao·2025-05-27 19:18Core Viewpoint - The company, Windson Tire Co., Ltd., has approved the establishment of wholly-owned subsidiaries in South Africa and Australia to enhance its international market presence and competitiveness [2][8][14]. Group 1: Meeting and Approval - The ninth board meeting was held on May 27, 2025, with all seven directors present, and the meeting was deemed legal and effective [1][3]. - The board unanimously approved the proposal for external investment to establish wholly-owned subsidiaries [3][4]. Group 2: Investment Details - The company plans to invest 15 million South African Rand to establish Windson (South Africa) Engineering Machinery Tire Co., Ltd., and 2.4 million Australian Dollars for Windson (Australia) Engineering Machinery Tire Co., Ltd. [7][8]. - The investment aims to facilitate the company's strategic planning and international cooperation, thereby expanding its business scope [8]. Group 3: Subsidiary Information - Windson (South Africa) Engineering Machinery Tire Co., Ltd. will have a registered capital of 15 million South African Rand, located in Johannesburg, and will be wholly owned by Windson Tire Co., Ltd. [10][11]. - Windson (Australia) Engineering Machinery Tire Co., Ltd. will have a registered capital of 2.4 million Australian Dollars, located in Perth, and will also be wholly owned by Windson Tire Co., Ltd. [12][13]. Group 4: Impact and Purpose - The investment aligns with the company's future development trends and investment strategy, positively impacting its growth and product structure transformation [14]. - The establishment of these subsidiaries is expected to enhance market share and profitability, providing better returns to investors [14][15].