Core Viewpoint - The company has announced the establishment of wholly-owned subsidiaries in Hong Kong and Indonesia, aligning with its international development strategy and aiming to enhance its presence in the commercial vehicle market [1] Group 1: Hong Kong Subsidiary - The Hong Kong subsidiary will be 100% owned by the company with a registered capital of RMB 100 million (or equivalent foreign currency) [1] - The investment will be executed in phases based on business development, risk management, and relevant laws and regulations [1] - This subsidiary will leverage smart connected vehicle technology to support the international expansion of vehicle leasing, trading, and related services [1] - It will serve as a core node for the company's international business layout and unified management [1] Group 2: Indonesia Subsidiary - The Indonesia subsidiary will be jointly owned, with the company holding 51% and the Hong Kong subsidiary holding 49%, and will have a registered capital of RMB 5 million (or equivalent foreign currency) [1] - This subsidiary will focus on specific business operations in Indonesia, particularly in the commercial vehicle market [1] Group 3: Strategic Importance - The establishment of these overseas subsidiaries aligns with the company's international development strategy and supports its plans to enter the international commercial vehicle market [1] - It aims to create a win-win situation by integrating sales and financial services, enhancing overseas investment, and facilitating transformation and upgrading [1] - The move is significant for building international competitive advantages and expanding overseas business [1]
德银天下(02418.HK)拟设立境外附属公司