*ST花王:控股子公司拟投资1000万元设立全资子公司
Core Viewpoint - The company *ST Huawang plans to invest 10 million yuan to establish a wholly-owned subsidiary, Yibin Niwei Automotive Systems Co., Ltd., to enhance its business development and market presence in the southwest region of China [1] Group 1 - The investment will be funded by the company's own resources [1] - The new subsidiary will focus on high-pressure fuel tank projects for major automotive manufacturers [1] - The objective of this investment is to accelerate business growth, expand market share, and improve overall operational efficiency, market competitiveness, and profitability [1]