HPEC plans to invest in the establishment of two wholly-owned subsidiaries
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HPEC announced that it will invest to establish two wholly-owned subsidiaries, namely HPEC (Henan) High Voltage Switch Co., Ltd. and HPEC (Henan) Power Equipment Technology Co., Ltd. The registered capital of the high voltage switch company is 500 million yuan, and the registered capital of the power equipment company is 400 million yuan. This move aims to stimulate operational vitality, enhance operational quality and efficiency, and actively expand the market, which is expected to have a positive impact on the company's future development
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