---
title: "CAIP plans to establish a subsidiary in Spain with an investment of 24 million euros"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251133879.md"
description: "According to the Zhitong Finance APP, Changshu Automotive Trim announced that the company plans to establish a wholly-owned subsidiary, Changshu Automotive Trim (Spain) Intelligent Cockpit Co., Ltd. (tentative name), with a total investment of 24 million euros. This initiative aims to better serve the company's international clients, continuously expand new business in overseas markets, and enhance the company's overall competitiveness in the European market"
datetime: "2025-08-01T07:58:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251133879.md)
  - [en](https://longbridge.com/en/news/251133879.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251133879.md)
generator: "portal-rs"
---

# CAIP plans to establish a subsidiary in Spain with an investment of 24 million euros

According to the Zhitong Finance APP, Changshu Automotive Trim (603035.SH) announced that the company plans to establish a wholly-owned subsidiary, Changshu Automotive Trim (Spain) Intelligent Cockpit Co., Ltd. (tentative name), with a total investment of 24 million euros. This initiative aims to better serve the company's international clients, continuously expand new business in overseas markets, and enhance the company's overall competitiveness in the European market

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