--- title: "EMTEK: The company and related parties jointly invested to establish a subsidiary" type: "News" locale: "en" url: "https://longbridge.com/en/news/259329403.md" description: "EMTEK announced that the company, together with Mr. Chen Kegan and Mr. Lü Jiezhong, jointly invested to establish a holding subsidiary, Shanghai Wanwu Chain Quality Trust Technology Co., Ltd., with a registered capital of 10 million yuan. The company has subscribed to an investment of 5.1 million yuan, accounting for 51%; Mr. Chen Kegan and Mr. Lü Jiezhong each subscribed to 2.45 million yuan, accounting for 24.50%. This transaction constitutes a related party transaction but does not meet the standards for a major asset reorganization" datetime: "2025-09-29T11:47:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259329403.md) - [en](https://longbridge.com/en/news/259329403.md) - [zh-HK](https://longbridge.com/zh-HK/news/259329403.md) generator: "portal-rs" --- # EMTEK: The company and related parties jointly invested to establish a subsidiary EMTEK announced that the company will hold a general manager office meeting on July 15, 2025, to agree to jointly invest with Mr. Chen Kegan and Mr. Lv Jiezhong to establish a holding subsidiary, Shanghai Wanwu Chain Quality Trust Technology Co., Ltd. The registered capital of Wanwu Chain Quality Trust is 10 million yuan, with the company subscribing to 5.1 million yuan, accounting for 51%; Mr. Chen Kegan subscribing to 2.45 million yuan, accounting for 24.50%; and Mr. Lv Jiezhong subscribing to 2.45 million yuan, accounting for 24.50%. This transaction constitutes a related party transaction but does not meet the standards for a major asset restructuring. On September 29, 2025, the company held the tenth meeting of the fifth board of directors and reviewed and approved this matter ### Related Stocks - [300938.CN](https://longbridge.com/en/quote/300938.CN.md) ## Related News & Research - [MindWalk secures binding commitment for USD 30 million unsecured revolving credit facility from Sanabil Cayman](https://longbridge.com/en/news/298920620.md) - [Short Interest in LeGrand SA (OTCMKTS:LGRDY) Rises By 987.4%](https://longbridge.com/en/news/298664688.md) - [Hemlo Mining Corp. Reports Underground Electrical Substation Outage; Mine-Wide Operations Continue | HMMCF Stock News](https://longbridge.com/en/news/298957929.md) - [Weekly Recap: BEL futures above Rs 415 and AON for ₹1.1L crore](https://longbridge.com/en/news/298849828.md) - [Fonn Group acquires Everviz & introduces Teikna](https://longbridge.com/en/news/298950768.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**