智通财经网·2025-09-22 12:04Core Viewpoint - The company plans to invest RMB 270 million to establish a wholly-owned subsidiary, Yaxin Technology (Yizheng) Co., Ltd., to enhance its market competitiveness in automotive thermal management systems and lay the foundation for future expansion in related fields [1][2]. Group 1: Business Strategy - Yaxin Group's thermal management cold plate business was previously operated by its subsidiary, Yizheng Yaxin Shuanghuan Piston Ring Co., Ltd., which has significant differences in business model, customer base, competitive strategy, and production line concepts compared to its main business of fuel engine piston rings [2]. - The establishment of the new subsidiary is aimed at professionalizing operations, increasing funding, and enhancing R&D efforts to capitalize on the historical opportunities presented by artificial intelligence development [2]. Group 2: Operational Efficiency - The new company will integrate relevant assets, liabilities, and contractual relationships from Yaxin Shuanghuan's thermal management business in a market-oriented manner, which will better meet the long-term development needs of Yaxin's thermal management business [2]. - This investment will facilitate the construction of higher intelligent production capacity, allowing the company to seize market opportunities for growth in cold plate business and increase customer share, thereby driving rapid revenue growth in this segment [2].