NBGF(SH:603788) Shang Hai Zheng Quan Bao·2026-02-10 18:26Core Viewpoint - The company plans to establish a wholly-owned subsidiary, Yiwu Gaofa Automotive Control Systems Co., Ltd., with an investment not exceeding RMB 100 million to deepen its domestic market presence and meet customer demands [2][3]. Group 1: Investment Overview - The total planned investment for the new subsidiary is up to RMB 100 million, which will cover fixed asset investments, research and development, and working capital [3][6]. - The investment decision was approved by the company's fifth board meeting on February 10, 2026, and does not require shareholder approval as it does not meet the threshold for such [2][4][14]. - The company will implement the investment in phases based on market demand and business progress, with the flexibility to adjust investment amounts and methods as necessary [3][7]. Group 2: Subsidiary Details - The proposed subsidiary will be registered with a capital of RMB 10 million, subject to adjustments based on actual operational needs [5]. - The subsidiary's business scope includes manufacturing and research of automotive parts, integrated circuit design and manufacturing, and software development [5]. Group 3: Impact on the Company - This investment is aimed at enhancing the company's existing business structure and market positioning without significantly impacting its financial status or operational results [7].