Core Viewpoint - The company, Huitong Holdings (603409.SH), has approved the establishment of a subsidiary, Huitong Jinmei Automotive Parts (Henan) Co., Ltd., with a registered capital of 10 million RMB, which is expected to enhance its business operations in the Henan region and improve overall competitiveness [1] Group 1 - The board of directors convened on September 3, 2025, to review and approve the proposal for the establishment of the subsidiary [1] - The new subsidiary aims to strengthen the company's business layout in Henan, allowing for closer customer engagement and reduced supply chain distances [1] - The establishment is anticipated to lower transportation costs and enhance the company's overall strength and core competitiveness, positively impacting future development [1]
汇通控股拟1000万元设立子公司