Core Viewpoint - Xuelong Group (603949) plans to establish a wholly-owned subsidiary, Ningbo Xuelong Aluminum Magnesium Technology Co., Ltd., with a registered capital of 100 million yuan, to vertically integrate its supply chain in the die-casting segment [1] Group 1: Investment and Strategic Goals - The investment aims to enhance control over the supply of core die-casting components, reducing reliance on external processing [1] - The move is expected to improve production stability and timeliness, optimizing production processes and cost structures [1] - This initiative will strengthen the company's competitive position in the commercial vehicle cooling system core components sector [1]