---
title: "HANGZHOU LANDSCAPING: Plans to establish a holding subsidiary, with an investment amount not exceeding 10 million yuan for the new materials subsidiary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238034193.md"
description: "HANGZHOU LANDSCAPING announced plans to establish a holding subsidiary, involving the construction industry, cultural tourism industry, and new materials industry. The investment amount for the new materials subsidiary will not exceed 10 million yuan, the registered capital for the construction subsidiary will be 105 million yuan, and the registered capital for the cultural tourism subsidiary will be 20 million yuan. This proposal was approved by the board of directors on April 29, 2025, and does not require approval from the shareholders' meeting. The establishment of the subsidiary requires business registration, and the approval time is uncertain"
datetime: "2025-04-29T10:42:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238034193.md)
  - [en](https://longbridge.com/en/news/238034193.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238034193.md)
generator: "portal-rs"
---

# HANGZHOU LANDSCAPING: Plans to establish a holding subsidiary, with an investment amount not exceeding 10 million yuan for the new materials subsidiary

HANGZHOU LANDSCAPING announced that the company plans to invest in the establishment of a holding subsidiary, which will engage in the construction industry, cultural tourism industry, and new materials industry. The proposed registered capital for the construction subsidiary is set at 105 million yuan, the proposed registered capital for the cultural tourism subsidiary is set at 20 million yuan, and the proposed investment amount for the new materials subsidiary will not exceed 10 million yuan. The company held a board meeting on April 29, 2025, to review and approve this proposal, which does not need to be submitted to the shareholders' meeting for approval. The establishment of the subsidiary still requires the completion of relevant business registration procedures, and the final approval time is uncertain

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**