时代新材控股子公司新材德国拟设立塞尔维亚全资子公司

Core Viewpoint - The company, Times New Material (600458), announced that its subsidiary, CRRC New Material Technology Co., Ltd. (referred to as "New Material Germany"), plans to establish a wholly-owned subsidiary in Serbia to develop, produce, and sell automotive parts and related equipment [1] Group 1 - The registered capital for the Serbian subsidiary is set at 600 million euros, which is approximately 49.28 million RMB [1]