---
title: "Hwaway Technology plans to establish two subsidiaries in Germany to operate the spring products business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261867864.md"
description: "Hwaway Technology plans to invest in two German subsidiaries, primarily engaged in the spring products business. The company will invest through its wholly-owned subsidiary Hwaway Supply Chain (Hainan) Co., Ltd., with funds not exceeding 20 million euros, which will be used for purposes including purchasing land, equipment, constructing factories, and daily operating expenses"
datetime: "2025-10-20T11:17:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261867864.md)
  - [en](https://longbridge.com/en/news/261867864.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261867864.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261867864.md) | [繁體中文](https://longbridge.com/zh-HK/news/261867864.md)


# Hwaway Technology plans to establish two subsidiaries in Germany to operate the spring products business

According to the announcement from Hwawei Technology (001380.SZ), the company plans to invest its own funds or self-raised funds through its wholly-owned subsidiary Hwawei Supply Chain (Hainan) Co., Ltd. (“Hwawei Hainan”), which will invest a total of no more than 20 million euros in two German subsidiaries, Jinsheng Holding Germany GmbH and Jinsheng Federn Germany GmbH, through (“Hwawei Investment Hong Kong”). The funds will be used for the research and development, production, and sales of spring products in Germany, and the use of funds includes but is not limited to purchasing land, equipment, constructing factories, directly purchasing existing target assets, daily operating expenses, etc

### Related Stocks

- [Hwaway Technology (001380.CN)](https://longbridge.com/en/quote/001380.CN.md)

## Related News & Research

- [Hwaway Technology Subsidiary to Invest 20 Million Euros in Two German Units](https://longbridge.com/en/news/262025556.md)
- [Metaspacex Extends Deadline for Completion of New Share Subscription](https://longbridge.com/en/news/278189357.md)
- [Lite-On optimistic about next 2 years of business](https://longbridge.com/en/news/278420124.md)
- [Balu Forge Raises Rs 46 Crore via Conversion of Preferential Warrants](https://longbridge.com/en/news/278410961.md)
- [Trump: They have agreed to quadruple production of "exquisite class" weaponry](https://longbridge.com/en/news/278164233.md)