Core Viewpoint - Ningbo Jinda (603088.SH) aims to enhance its upstream and downstream sales and product categories by establishing a wholly-owned subsidiary for metal forming equipment and related sales, with an investment of 20 million RMB [1] Group 1 - The company plans to improve supply chain collaboration between parent and subsidiary companies [1] - The establishment of the sales company is intended to increase after-sales service efficiency [1] - The investment will support future business expansions, such as setting up new production bases and expanding product lines [1] Group 2 - The company will invest 20 million RMB using its own funds, with a 100% ownership stake in the new sales company [1]

Group 1 - The company plans to establish a wholly-owned sales subsidiary to enhance its sales capabilities and improve after-sales service efficiency, supporting future business expansion [1][2] - The investment amount for the new sales company is set at 20 million RMB, with the company holding 100% equity [1][2] - The subsidiary will focus on the sales of metal forming equipment, molds, and related mechanical components, among other services [2] Group 2 - The establishment of the sales company is within the board's decision-making authority and does not require shareholder approval [2] - The company aims to strengthen its market competitiveness and expand its development space through this investment [2][3] - The investment will not significantly impact the company's normal operating funds and is not expected to have a substantial effect on the company's performance in the short term [3]