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方正电机:拟以5000万元设立全资子公司

Core Viewpoint - The company plans to establish a wholly-owned subsidiary with an investment of 50 million yuan, named Deqing Fangzheng Smart Drive Application Technology Co., Ltd, pending approval from market supervision authorities [1] Group 1: Investment Details - The company will invest 50 million yuan in cash to set up the subsidiary [1] - The registered capital of the new subsidiary will be 50 million yuan [1] Group 2: Management and Operations - The legal representative of the new subsidiary will be Niu Mingkui [1] - The business scope of the subsidiary includes testing services, mechanical equipment research and development, information system integration services, technical services, technical development, technical consulting, technical exchange, technical transfer, technical promotion, as well as import and export of technology and agency services [1]