Cheersson(SZ:002976) Ge Long Hui·2025-11-11 00:49Core Viewpoint - The company, Suzhou Ruima Precision Industrial Group Co., Ltd., has approved the establishment of a wholly-owned subsidiary, Guangzhou Xinzhen Automotive Parts Co., Ltd., during its board meeting on November 10, 2025 [1] Group 1: Establishment of Wholly-Owned Subsidiary - The proposed subsidiary is named Guangzhou Xinzhen Automotive Comfort System Co., Ltd. (tentative) [2] - It will be a limited liability company with a registered capital of 10 million RMB [2] - The legal representative of the new subsidiary will be Li Ming [2] Group 2: Business Scope of the New Subsidiary - The business scope includes manufacturing and research of automotive parts and components, wholesale of automotive parts, sales of new energy vehicle battery swap facilities, sales of new energy vehicle electrical accessories, manufacturing and sales of automotive decorative products, retail of automotive parts, and information consulting services (excluding licensed information consulting services) [2]