HYC: Invests to establish wholly-owned subsidiary Hefei Yuanfeng Optoelectronics Co., Ltd

HYC announced that the company held a board meeting on July 22, 2025, and approved the proposal to invest in the establishment of a wholly-owned subsidiary, Hefei Yuanfeng Optoelectronics Co., Ltd. Recently, this wholly-owned subsidiary has completed the industrial and commercial registration procedures and obtained the "Business License." The registered capital of Hefei Yuanfeng Optoelectronics Co., Ltd. is RMB 50 million, with Wu Xuesong as the legal representative. The establishment date is July 28, 2025, and the business scope includes the manufacturing and sales of optoelectronic devices, manufacturing and sales of integrated circuit chips and products, manufacturing and sales of intelligent vehicle-mounted equipment, manufacturing and retail of electronic components, manufacturing of automotive parts and accessories, processing and sales of mechanical parts and components, mold manufacturing, integrated circuit design, research and development of mechanical equipment, as well as technical services, technical development, technical consulting, technical exchange, technology transfer, and technology promotion, etc