Core Viewpoint - The company plans to establish a joint venture with Sanfeng Group to enhance its market presence in the passenger vehicle sector, which aligns with its strategic development goals [1] Investment Details - The registered capital of the new subsidiary will be RMB 10 million, with the company contributing RMB 7 million and Sanfeng Group contributing RMB 3 million [1] Strategic Significance - The establishment of the subsidiary is expected to help the company expand its customer base in the passenger vehicle market, meet supply demands from vehicle manufacturers, and increase market share [1] - This investment is seen as a way to leverage the strengths of both shareholders to explore new customer opportunities and enhance overall competitiveness [1] - The initiative aligns with the company's globalization strategy and operational development needs [1]
天有为拟设立子公司 进一步开拓乘用车市场客户