GZRS(SH:600367) Guo Ji Jin Rong Bao·2025-08-05 08:23Core Viewpoint - The company plans to establish a wholly-owned subsidiary, Guizhou Tianzhu Hongxing Development New Materials Co., Ltd., with an investment of 30 million RMB to enhance its business layout and leverage local resources [1] Group 1: Investment Details - The investment amount is 30 million RMB, funded by the company's own resources [1] - The new subsidiary will have a registered capital of 30 million RMB, with the company holding a 100% ownership stake [1] Group 2: Strategic Objectives - The establishment of the subsidiary aims to utilize the barite resource advantages in Tianzhu County, Qiandongnan Miao and Dong Autonomous Prefecture, Guizhou Province [1] - The initiative is expected to lower the procurement costs of barite raw materials and improve the company's profitability [1]