CAIP(SH:603035) Ge Long Hui A P P·2025-08-01 08:09Core Viewpoint - The company plans to establish a wholly-owned subsidiary in Zaragoza, Spain, with an investment of €24 million to enhance its competitiveness in the European market [1] Group 1: Investment Details - The total investment amount for the new subsidiary is €24 million [1] - The subsidiary will be named "Changshu Automotive Interior (Spain) Intelligent Cockpit Co., Ltd." [1] Group 2: Business Scope - The business scope of the subsidiary includes the production, sales, and trade of automotive intelligent cockpits, components, molds, and automation equipment [1] Group 3: Strategic Intent - The investment aims to expand the company's overseas market presence and develop new business opportunities [1] - The initiative is expected to enhance the company's overall competitiveness in the European market [1]