Core Viewpoint - The company is investing in the establishment of a wholly-owned subsidiary, aiming to enhance its competitiveness and profitability in the automotive parts sector, particularly through the development of magnesium-aluminum alloy products [1] Group 1: Investment Details - The company plans to invest in a new subsidiary named Jinzhai Chunxing Magnesium-Aluminum Alloy Co., Ltd. with a registered capital of 50 million yuan, funded by its own resources [1] - The investment will be executed in phases based on the actual development of the magnesium-aluminum alloy company [1] Group 2: Industry Trends - The investment aligns with the actual development needs of the automotive industry and aims to optimize the company's profitability in automotive parts [1] - There is a market shift towards semi-solid die-casting processes in magnesium-aluminum alloy manufacturing, driven by continuous innovation and upgrades in processing technology [1] Group 3: Strategic Goals - The investment is intended to enhance the company's core competitiveness in the automotive parts business and actively expand into high-value-added product markets [1] - The company aims to seize opportunities arising from industry development trends through this strategic investment [1]