Core Viewpoint - The company, COSCO SHIPPING Technology Co., Ltd. (中远通), is expanding its overseas market presence by establishing a wholly-owned subsidiary in Hong Kong with an investment of 5 million yuan [1] Group 1: Overseas Expansion - The company plans to invest 5 million yuan to set up a wholly-owned subsidiary in the Hong Kong Special Administrative Region [1] Group 2: Domestic Development - The company intends to establish a branch and a research institute in Xi'an to enhance its research and development capabilities [1] - The Xi'an research institute aims to assist in the development of new products and expansion into new markets, thereby increasing the company's influence [1] - Strengthening R&D services for existing customers in Xi'an and surrounding areas is expected to improve the company's overall competitiveness [1]
中远通：拟投资500万元设立香港子公司