ZMJ's subsidiary plans to invest 270 million yuan to establish Yaxinke Thermal Management Technology (Yizheng) Co., Ltd
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ZMJ's subsidiary, Yaxinke Industrial Technology (Nanjing) Co., Ltd., plans to invest 270 million yuan to establish a wholly-owned subsidiary, Yaxinke Thermal Management Technology (Yizheng) Co., Ltd., to enhance the market competitiveness of its automotive thermal management system cold plate business. The new company will focus on the operation of thermal management business, integrate relevant assets and contractual relationships, aiming to adapt to long-term development needs, improve resource allocation efficiency, seize market opportunities, and drive rapid growth in cold plate business revenue
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