Ruineng Technology plans to invest 50 million to establish a wholly-owned subsidiary Beineng Electronics

According to the micro-network news, on July 6, Rui Neng Technology announced that according to the company's development strategy, the company invested RMB 50 million in its own currency to invest in the establishment of a wholly-owned subsidiary Beineng Electronics (Shanghai) Co., Ltd. (tentatively Name, subject to the final approval of the industrial and commercial registration authority), holding 100% of its equity.

According to the disclosure, the company's business scope includes electronic products, electronic components research and development, sales; technical consulting, technology development, technology transfer, technical services; self-operated and agent import and export business of various commodities and technologies (subject to law The approved projects can be carried out after approval by the relevant departments.

Ruineng Technology said that the investment in setting up a wholly-owned subsidiary is in line with the company's long-term development plan and business layout, which is conducive to enhancing the company's sustainable development and profitability.

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