
XINYA: Jointly invest with related parties to establish a subsidiary
XINYA Electronics announced that the company plans to jointly invest with related parties Kebaoguangdian, and individuals Yin Shuhua and Zhao Qingwen to establish Xinya Rail Transit Technology Co., Ltd., with a registered capital of 10 million RMB. Among them, XINYA Electronics will hold a 51% stake, Kebaoguangdian will hold 9%, Yin Shuhua will hold 20%, and Zhao Qingwen will hold 20%. This investment aims to expand new business areas, aligns with the company's strategic planning, and is beneficial for further improving the business layout and enhancing the company's overall competitiveness. The newly established subsidiary still needs to complete the relevant procedures for industrial and commercial registration, and there may be significant uncertainty risks

