SFX(SH:600370) Xin Lang Cai Jing·2025-09-15 08:24Group 1 - The company Jiangsu Sanfangxiang Jucai Co., Ltd. has announced the establishment of a new subsidiary, Jiangyin Sanfangxiang Jucai Green Technology Co., Ltd., with an investment of 100 million yuan [1] - The new subsidiary will focus on the research and production of recycled materials and green chemical new materials, aligning with the company's business strategy [1] - The investment has been approved by the company's board of directors and does not constitute a related party transaction or a major asset restructuring [1] Group 2 - The new subsidiary will be fully owned by the company and will be included in the consolidated financial statements [1] - The financial and operational impact of this investment is not expected to be significant [1] - The company will need to complete business registration for the new subsidiary and may face risks related to macroeconomic conditions, market dynamics, and technology during its operations [1]