Core Viewpoint - Ningbo Gaofa (603788.SH) plans to establish a wholly-owned subsidiary, Yiwu Gaofa Automotive Control System Co., Ltd., to deepen its domestic market presence based on customer demand and business development needs [1] Investment Details - The total planned investment for the project is not to exceed 100 million yuan, which includes fixed asset investment, research and development expenditure, and working capital [1] - The investment will be funded by the company's own capital, and the scale of investment is relatively low compared to the company's total assets and net assets [1] Strategic Rationale - The investment is aimed at enhancing the company's existing industrial layout and optimizing its business structure in response to market conditions and customer needs [1] - The investment will be executed in phases, ensuring that it does not significantly impact the company's current operations or financial results [1]
宁波高发:拟设立义乌高发汽车控制系统有限公司