Zhong Guo Neng Yuan Wang·2026-01-19 02:44Core Viewpoint - Fuyao Glass (600660) has established a new subsidiary, Fuyao Decorative Parts (Anhui) Intelligent Technology Co., Ltd., focusing on automotive components and smart vehicle equipment manufacturing [1] Company Summary - The new company is fully owned by Fuyao Glass, indicating a strategic expansion into the automotive parts sector [1] - The registered capital of the new subsidiary is 300 million RMB, reflecting a significant investment in the automotive industry [1] Industry Summary - The business scope includes manufacturing and retail of automotive parts, research and development of automotive components, and smart vehicle equipment [1] - The company also plans to engage in the manufacturing and sales of railway locomotive and vehicle parts, diversifying its operational focus [1]