Huaxiang Shares Establishes Wholly-Owned Precision Manufacturing Subsidiary in Tianjin with RMB 100 Million Registered Capital

HuaXiang Co., Ltd. (SHA: 603112) recently established a wholly-owned subsidiary in Tianjin—HuaXiang (Tianjin) Precision Manufacturing Co., Ltd. The new company has a registered capital of RMB 100 million and its business scope includes the sale of electric components for new energy vehicles, wind turbine generators and related parts, industrial control computers and systems, as well as processing and treatment of metal scrap and shavings. According to data from Qichacha, the new entity is 100% owned by HuaXiang Co., Ltd., aiming to expand the company's presence in precision manufacturing and related sectors such as new energy and intelligent manufacturing.