Zhuzhou Kibing (SH:601636) Shang Hai Zheng Quan Bao·2026-01-30 20:59Group 1 - The company has established two wholly-owned subsidiaries to streamline its R&D business chain and enhance operational efficiency [2][3] - The first subsidiary, Shenzhen Xinqibin Technology Venture Co., Ltd., has a registered capital of 100 million yuan and focuses on new material technology R&D and investment activities [3][4] - The second subsidiary, Shenzhen Xinqibin Technology Development Co., Ltd., also has a registered capital of 100 million yuan and specializes in advanced materials manufacturing and energy-efficient technology R&D [5][6] Group 2 - Both subsidiaries are located in Bao'an District, Shenzhen, with specific addresses provided for each [3][5] - The establishment dates for the subsidiaries are January 19, 2026, for the first and January 30, 2026, for the second [4][6] - The company holds 100% equity in both subsidiaries, indicating full ownership and control over their operations [4][6]