Investment Overview - Sichuan Jinding (Group) Co., Ltd. plans to establish a wholly-owned subsidiary, Xuzhou Fenggong Equipment Technology Co., Ltd., through its subsidiary Sichuan New Work Green Hydrogen Technology Co., Ltd. [1][2] - The registered capital for Xuzhou Fenggong is set at 10 million yuan, fully owned by New Work Green Hydrogen [1][2]. - This investment does not involve related party transactions and does not constitute a major asset restructuring as defined by the relevant regulations [1][2]. Recent Investment Activities - In the past 12 months, Sichuan Jinding has made several investments, including: - 2 million yuan in Putaite (Jiangsu) Technology, acquiring 10% equity [2]. - 5 million yuan in Sichuan Shunhong Mining, acquiring 100% equity [2]. - 3.5 million yuan in Sichuan Aochuang Green Vibration Ecological Environmental Protection Technology, acquiring 35% equity [2]. - 29.8 million yuan in Beichuan Yuding New Materials Technology, acquiring 51% equity [2]. - 1.1 million yuan in Sichuan New Work Energy Service, acquiring 49% equity [2]. - 500 million yuan in Deyang New Work Green Energy Intelligent Equipment Technology, acquiring 100% equity [2]. - 10 million yuan in the newly established Xuzhou Fenggong [2]. New Subsidiary Details - Xuzhou Fenggong will be a limited liability company with a registered capital of 10 million yuan, located in Jiangsu Xuzhou Fengxian Economic Development Zone [4]. - The business scope includes technology services, industrial automation control system manufacturing, battery manufacturing, and various equipment sales and services [4]. Strategic Purpose and Impact - The establishment of Xuzhou Fenggong aligns with New Work Green Hydrogen's strategic planning and business development needs, aiming to enhance production and delivery capabilities [5]. - This investment is expected to improve the market competitiveness of New Work Green Hydrogen without adversely affecting the company's financial and operational status [5].
四川金顶: 四川金顶(集团)股份有限公司关于控股子公司对外投资设立全资子公司的公告