Shandong Mining Machinery (SZ:002526) Shang Hai Zheng Quan Bao·2025-09-17 20:35Investment Overview - The company has invested 6.5 million RMB to establish a holding subsidiary, Datong Huaxin Henghui Technology Co., Ltd., in collaboration with Shanxi Henghui Hydraulic High-tech Co., Ltd. [2][5] - The investment does not constitute a related party transaction or a major asset restructuring as per relevant regulations [2][3] Counterparty Information - Shanxi Henghui Hydraulic High-tech Co., Ltd. is a limited liability company with a registered capital of 11.22 million RMB, established on August 30, 2005 [3] - The company operates in various sectors including hydraulic machinery manufacturing, industrial control systems, and mining machinery sales [3] Subsidiary Details - Datong Huaxin Henghui Technology Co., Ltd. has a registered capital of 10 million RMB and was established on September 16, 2025 [5][6] - The subsidiary's business scope includes research and development of machinery, hydraulic components, and industrial control systems [5] Shareholding Structure - The company holds a 65% stake in the new subsidiary, while Shanxi Henghui owns 35% [6] Purpose of Investment - The investment aims to support the company's strategic planning and future business development, enhancing competitive capabilities and overall profitability [7] Impact of Investment - The investment is funded by the company's own resources and will not adversely affect its financial status or the interests of shareholders [9] - The new subsidiary will be included in the company's consolidated financial statements [9]