---
title: "XIN HEE: Plans to establish a wholly-owned subsidiary, Shanghai XIN HEE JIE HONG Trading Co., Ltd., with an investment of 20 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241210176.md"
description: "XIN HEE announced plans to establish a wholly-owned subsidiary, Shanghai XIN HEE JIE HONG Trading Co., Ltd., with a registered capital of 20 million yuan. This subsidiary will focus on the retail and wholesale of clothing and accessories, aiming to support the development of the company's main business and expand its business layout, which has positive strategic significance. The investment also faces market and operational risks"
datetime: "2025-05-21T10:27:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241210176.md)
  - [en](https://longbridge.com/en/news/241210176.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241210176.md)
---

# XIN HEE: Plans to establish a wholly-owned subsidiary, Shanghai XIN HEE JIE HONG Trading Co., Ltd., with an investment of 20 million yuan

XIN HEE announced that the company plans to invest RMB 20 million of its own funds to establish a wholly-owned subsidiary, Shanghai XIN HEE JIE HONG Trading Co., Ltd., in Shanghai. The registered capital of this subsidiary is RMB 20 million, with Chen Guohan as the legal representative. The address is Room SL1-5, 6 and SL2-5, 6, South Building, No. 283 Huaihai Middle Road, Huangpu District, Shanghai. The business scope includes retail and wholesale of clothing and accessories, among others. This investment aims to support the development of the company's main business and expand its business layout, which has positive strategic significance for the company. The newly established wholly-owned subsidiary carries certain market and operational risks

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