*ST花王控股子公司拟投资1000万元设立子公司宜宾尼威

Core Viewpoint - *ST Huawang (603007.SH) announced the establishment of a wholly-owned subsidiary, Yibin Niwei Automotive Systems Co., Ltd., with an investment of 10 million yuan to enhance its business development and market presence in the southwest region [1] Group 1: Investment and Strategic Development - The company plans to invest 10 million yuan from its own funds to establish Yibin Niwei [1] - Yibin Niwei will serve as the main implementation entity for high-pressure fuel tank projects, targeting major automotive manufacturers in the southwest region [1] - This strategic move aims to accelerate business development, expand market share, and improve overall operational efficiency and competitiveness [1]