Core Viewpoint - The company has announced the establishment of a wholly-owned subsidiary with an investment of 50 million RMB, focusing on embodied intelligence technology and related fields [1] Group 1: Investment Details - The company will use its own funds amounting to 50 million RMB to set up the subsidiary [1] - The board of directors has authorized the management to handle all matters related to this external investment [1] - The authorization period is effective from the date of board approval until the completion of the investment matters [1] Group 2: Business Focus - The newly established subsidiary is tentatively named Huachangda Embodied Intelligence Technology Co., Ltd [1] - The subsidiary will engage in research and development of embodied intelligence technology and equipment, digital forward-looking research, and intelligent spatial algorithms [1]

Core Viewpoint - Huachangda (300278.SZ) announced the establishment of a wholly-owned subsidiary with a registered capital of 50 million yuan, aimed at enhancing its business ecosystem and optimizing its industrial layout [1] Group 1: Company Announcement - The board meeting is scheduled for December 29, 2025, to approve the use of 50 million yuan of self-owned funds for the new subsidiary [1] - The new subsidiary will focus on embodied intelligence technology and equipment, forward-looking digital research and development, and intelligent spatial algorithms [1] - The establishment of the subsidiary is expected to positively impact the company's long-term development and corporate efficiency [1] Group 2: Financial Implications - The new company will be included in the consolidated financial statements, indicating a direct impact on the company's financial performance [1] - The investment aims to enhance the company's competitiveness within the industry [1]