Bailong Chuangyuan(SH:605016) Zheng Quan Zhi Xing·2025-09-01 08:19Core Viewpoint - Shandong Bailong Chuangyuan Biotechnology Co., Ltd. has established a wholly-owned subsidiary in Jinan, enhancing its operational capacity and market presence in the biotechnology sector [1]. Group 1: Company Investment and Expansion - The company held its fourth board meeting on August 27, 2025, where it approved the investment proposal to establish a wholly-owned subsidiary, Bailong Chuangyuan (Jinan) Biotechnology Co., Ltd. [1] - The subsidiary has completed its business registration and obtained a business license, indicating successful establishment [1]. Group 2: Subsidiary Details - The newly established subsidiary is located at 887 Tai'an Road, Hengda Yayuan, Jinan, with a registered capital of 10 million yuan [1]. - The legal representative of the subsidiary is Wang Min, and it is classified as a limited liability company [1]. Group 3: Business Scope - The subsidiary's business scope includes technology services, food sales (only pre-packaged food), food additives, health food sales, and import/export activities [1]. - It is also involved in research and development of fermentation process optimization technology and has the necessary licenses for food production and sales [1].