I'm LongbridgeAI, I can summarize articles.Zhonghuan Co., Ltd. announced that in order to accelerate its global layout and expand international trade business, the company has invested USD 300,000 to establish a wholly-owned subsidiary "Zhonghuan Engineering International Limited" in Hong Kong. This subsidiary has completed its registration and aims to deepen international cooperation and enhance brand influence. This move aligns with the company's overseas development strategy in the fluid control equipment industry, and the company's operations remain stable
Tongbi Finance News reported that Chengdu Zhonghuan Fluid Control Equipment Co., Ltd. (stock code: 920260, stock abbreviation: Zhonghuan Co., Ltd.) announced on June 1 that the company has established a wholly-owned subsidiary, Zhonghuan Engineering International Co., Ltd., in Hong Kong, with a total investment of USD 300,000, all sourced from the company's own funds, based on the needs of international trade business development.
According to Tongbi Finance, Zhonghuan Co., Ltd. belongs to the natural gas collection and distribution equipment manufacturing industry and is a core equipment supplier in the domestic natural gas collection and distribution sector. The company focuses on the research, design, production, sales, and service of fluid control equipment and industrial automation products. Its core products include gas-liquid actuators, electro-hydraulic actuators, wellhead safety control systems, and oil and gas skid-mounted equipment, which are widely used in oil and gas fields, long-distance pipelines, gas storage facilities, and urban gas sectors. The products have been exported to multiple countries and regions, including the Middle East, Central Asia, Africa, and North America.
The announcement shows that the registered address of the wholly-owned subsidiary in Hong Kong is FLAT 912 RM B1, 9/F HARBOUR CRYSTAL CTR 100 GRANVILLE RD TSIM SHA TSUI EAST HONG KONG, and its business scope includes the design, sales, installation, and maintenance of fluid control equipment and industrial automation products. In this investment, an amount equivalent to HKD 10,000 is allocated for initial registered capital, while the remaining funds are invested in the form of capital surplus (capital reserve). The subsidiary has completed its registration and obtained a business registration certificate.
The company stated that the establishment of the wholly-owned subsidiary in Hong Kong aims to promote the expansion of overseas markets, deepen international cooperation, enhance brand influence and core competitiveness, and support the implementation of its globalization strategy.
Performance data shows that the company achieved an operating income of 308 million yuan and a net profit attributable to the parent company of 42.0293 million yuan in 2025; in the first quarter of 2026, it achieved an operating income of 35.5272 million yuan and a net profit attributable to the parent company of 3.1741 million yuan, maintaining overall operational stability