Core Viewpoint - The company, Kuangda Technology, is establishing a wholly-owned subsidiary in Zhuzhou with an investment of 50 million yuan to enhance its operational capabilities in Central China and to support new business lines [1][3]. Group 1: Company Developments - Kuangda Technology announced the establishment of a wholly-owned subsidiary in Zhuzhou, which will serve as a core business hub in Central China, focusing on regional production and services [1]. - The company has undergone a change in its controlling shareholder, with the state-owned Zhuzhou Qichuang becoming the new controlling entity, potentially enhancing the company's development prospects [1]. - The establishment of the Zhuzhou subsidiary is expected to fill capacity gaps in Central China, optimize national production layout, and improve service efficiency for core customers [3]. Group 2: Industry Position and Innovations - Kuangda Technology is a modern enterprise specializing in automotive interior materials and components, boasting a complete industrial chain and advanced testing capabilities [2]. - The company has a diverse product range, including environmentally friendly polyester materials, synthetic leather, and various automotive interior components, catering to the differentiated needs of the market [2]. - Kuangda Technology is also focusing on the application of interior materials in emerging fields such as flexible electronics and robotics, fostering innovation through collaboration with research institutions [2].