Group 1 - Shanghai Hu Yi Enterprise Management Co., Ltd. has been established with a registered capital of 1 million yuan [1] - The legal representative of the company is Li Renmeng, and its business scope includes enterprise management consulting, social and economic consulting services, mechanical equipment research and development, wholesale and retail of kitchenware and daily necessities, personal hygiene products sales, information consulting services, conference and exhibition services, and internet sales [1] - The company is wholly owned by Shanghai Hu Yi Supply Chain Management Co., Ltd., which is a wholly-owned subsidiary of Hu Shang A Yi (02589.HK) [1]

Core Insights - Haikou Peiyu Zhenpin Management Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Chen Haiyan [1] Business Scope - The company is engaged in the sale of pre-packaged food and operates a small grocery store, excluding alcoholic beverages [1] - It provides a range of services including commercial complex management, marketing planning, enterprise management, and information technology consulting [1] - Additional services include brand management, personal business services, data processing, supply chain management, and business training [1] - The company is authorized to conduct its business activities independently as per the general business scope [1]

天眼查App显示，近日，合肥瞬智企业管理服务合伙企业（有限合伙）成立，法定代表人为段宇豪，注 册资本25万人民币，经营范围为一般项目：企业管理；信息咨询服务（不含许可类信息咨询服务）；智 能无人飞行器销售；机械设备租赁；摄像及视频制作服务；技术服务、技术开发、技术咨询、技术交 流、技术转让、技术推广；智能无人飞行器制造；电子元器件与机电组件设备销售；电力电子元器件销 售；电子专用设备制造；电子测量仪器销售；软件销售；软件开发；国内贸易代理；机械设备研发；航 空运输设备销售；智能车载设备销售；运输设备租赁服务；仓储设备租赁服务；技术进出口；货物进出 口；再生资源回收（除生产性废旧金属）；再生资源销售；业务培训（不含教育培训、职业技能培训等 需取得许可的培训）；特种作业人员安全技术培训；通用设备修理；电子、机械设备维护（不含特种设 备）（除许可业务外，可自主依法经营法律法规非禁止或限制的项目)许可项目：通用航空服务（依法 须经批准的项目，经相关部门批准后方可开、展经营活动，具体经营项目以相关部门批准文件或许可证 件为准）。 ...

Group 1 - A new company, Hangzhou Xinxiu Enterprise Management Co., Ltd., has been established with a registered capital of 1.52 billion yuan [1] - The business scope of the company includes enterprise management [1] - The company is jointly held by Binjiang Group and others [1]

Group 1 - A new enterprise named Zhejiang GCL Enterprise Management Partnership (Limited Partnership) has been established with a capital contribution of approximately 210 million yuan [1] - The business scope of the new enterprise includes enterprise management consulting, marketing planning, and enterprise management [1] - The enterprise is co-funded by GCL Group Co., Ltd. and its subsidiary Shanghai GCL Huawu Investment Management Co., Ltd. [1]

Group 1 - The company located in Beijing Yizhuang has a registered capital of 8.053 billion RMB and its business scope includes enterprise management consulting, information technology consulting services, and information consulting services (excluding licensed information consulting services) [3] - The partners of the company include Suqian Hanbang Investment Management Co., Ltd., Beijing Panda Panshi Commercial Management Co., Ltd., Beijing Panda Commercial Management Co., Ltd., and Dalian Wanhong Enterprise Management Co., Ltd. [3] - The registered capital of Beijing Panda Panshi Commercial Management Co., Ltd. is 10 million RMB, and it was established on July 1, 2025 [10][12] Group 2 - Shanghai Shengdayuan Information Technology Co., Ltd. has a registered capital of 220,000 USD and was established on April 2, 2011 [7] - Dalian Wanhong Enterprise Management Co., Ltd. was established on February 7, 2025, with a registered capital of 10 million RMB [19][20] - Dalian Wanheng Enterprise Management Co., Ltd. was established on February 26, 2025, with a registered capital of 10 million RMB [21][22]

Group 1 - Five new companies were established on August 22, including Dalian Shengbei Enterprise Management Co., Ltd., Dalian Shengqian Enterprise Management Co., Ltd., Dalian Shengxi Enterprise Management Co., Ltd., Dalian Shengji Enterprise Management Co., Ltd., and Dalian Shengwan Enterprise Management Co., Ltd. [1] - All five companies have a registered capital of 10 million RMB each [1] - The legal representative for all these companies is Li Dawei, and they are all fully owned by Dalian Wanda Commercial Management Group Co., Ltd. [1]

Core Viewpoint - Recently, several companies have been established under the full ownership of Dalian Wanda Commercial Management Group Co., Ltd., indicating potential expansion or restructuring within the group [1] Company Summary - Five new companies were registered: Dalian Shengbei Enterprise Management Co., Ltd., Dalian Shengqian Enterprise Management Co., Ltd., Dalian Shengxi Enterprise Management Co., Ltd., Dalian Shengji Enterprise Management Co., Ltd., and Dalian Shengwan Enterprise Management Co., Ltd. [1] - Each of these companies has a registered capital of 10 million yuan [1] - All newly established companies are fully owned by Dalian Wanda Commercial Management Group Co., Ltd. [1]

Group 1 - Two Chinese companies, ECST Holdings Limited and JM Group Limited, have submitted their IPO applications to the SEC for listing on NASDAQ [1][8] - ECST Holdings Limited plans to issue 2 million shares at a price of $4 per share, aiming to raise $8 million [3] - JM Group Limited intends to issue 3.75 million shares at a price range of $4 to $5 per share, targeting to raise between $15 million and $18.75 million [11] Group 2 - ECST Holdings Limited reported revenues of $3.96 million and $2.12 million for the fiscal years ending September 30, 2024, and March 31, 2025, respectively, with net profits of $890,000 and $550,000 [3] - JM Group Limited's revenues for the same periods are projected to be $28.48 million and $18.94 million, with corresponding net profits of $910,000 and $1.6 million [12] Group 3 - ECST Holdings Limited is based in Hong Kong and provides cloud-based ERP solutions [3] - JM Group Limited, also headquartered in Hong Kong, operates as a commodity procurement supplier, wholesaling various products [11]

Group 1 - The establishment of Guoxin Innovation (Hangzhou) Enterprise Management Co., Ltd. has been reported, with a registered capital of 10 million yuan [1] - The legal representative of the new company is Huang Jie, and its business scope includes enterprise management and consulting [1] - The company is jointly held by several entities, including Guoxin Guotong (Hangzhou) Equity Investment Co., Ltd., Wukuang Innovation Investment Co., Ltd., China Electrical Equipment Group Co., Ltd., and China Steel Research Group Co., Ltd. [1]