HPEC(SH:600312) Ge Long Hui A P P·2025-09-10 09:37Core Viewpoint - Pinggao Electric (600312.SH) has announced the establishment of two wholly-owned subsidiaries to enhance operational vitality, improve operational quality, and actively expand the market [1] Group 1: Company Investment - The company has invested in the establishment of Pinggao Electric (Henan) High Voltage Switch Co., Ltd. with a registered capital of 500 million yuan, holding 100% of the shares [1] - Additionally, Pinggao Electric (Henan) Power Equipment Technology Co., Ltd. has been established with a registered capital of 400 million yuan, also with 100% ownership by the company [1] Group 2: Strategic Importance - The establishment of these wholly-owned subsidiaries is a significant measure for implementing the company's development strategy, which is expected to have a positive impact on future growth [1] - The new subsidiaries are anticipated to further stimulate corporate vitality, enhance market expansion efforts, and improve the company's core competitiveness and profitability, contributing to sustainable and stable development [1]