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SHENZHEN MINGDIAO DECORATION plans to establish a wholly-owned subsidiary, Guangdong Yaobang Digital Residence, with an investment of 120 million yuan
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According to the Zhitong Finance APP, Mingdiao Co., Ltd. announced that the company plans to invest 120 million yuan of its own funds to establish a wholly-owned subsidiary, Guangdong Yaobang Digital Home Co., Ltd. (tentative name). The company's holding subsidiary, Shenzhen Meijia Shibang Building Materials Co., Ltd. (referred to as "Meijia Shibang"), plans to invest 200 million yuan of its own funds to establish a wholly-owned subsidiary, Guangdong Ruiju Supply Chain Co., Ltd. (tentative name), and simultaneously authorizes the chairman or other authorized persons to handle matters related to this external investment
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