邦彦技术（688132）披露新加坡子公司完成注册登记，01月20日股价下跌1.67%

Core Viewpoint - The company Bangyan Technology (688132) has established a wholly-owned subsidiary in Singapore to advance its global cloud PC business, with an initial investment plan of $3 million [1]. Group 1: Stock Performance - As of January 20, 2026, Bangyan Technology's stock closed at 20.04 yuan, down 1.67% from the previous trading day [1]. - The stock opened at 20.38 yuan, reached a high of 20.58 yuan, and a low of 19.91 yuan, with a trading volume of 42.14 million yuan and a turnover rate of 1.92% [1]. Group 2: Subsidiary Establishment - The subsidiary, PANSTONE SYSTEMS PTE. LTD., was registered on January 20, 2026, with a registered capital of $1 million [1]. - The subsidiary's business scope includes wholesale of cybersecurity hardware and software, as well as other IT services [1]. - The company has obtained necessary domestic approvals and foreign investment certificates, and will gradually invest an additional $3 million based on operational conditions [1].