Core Viewpoint - The company has approved the establishment of a wholly-owned subsidiary in Nanning, Guangxi, to enhance its business operations in the Southwest region and facilitate access to the Southeast Asian market [1] Group 1: Investment and Expansion - The company’s subsidiary, Zhejiang Changyi, will invest 50 million in setting up Nanning Yueling Special Automobile Parts Development Co., Ltd. [1] - This investment is aimed at leveraging Nanning's unique geographical advantage to expand the company's business in the Southwest region [1] Group 2: Strategic Alignment - The establishment of the subsidiary aligns with the company's long-term strategic development plan [1] - The initiative is intended to serve as a core bridge for the company to connect with the Southeast Asian market [1]
跃岭股份(002725.SZ):拟设立全资孙公司南宁跃岭专用汽车零部件开发有限公司