
HYCAN HOLDINGS plans to invest in the establishment of a wholly-owned subsidiary, Suzhou Xinyuan Technology Co., Ltd

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HYCAN HOLDINGS plans to invest in the establishment of a wholly-owned subsidiary, Suzhou Xinyuan Technology Co., Ltd., with a registered capital of 300 million RMB, holding 100% equity. This subsidiary will focus on the integrated circuit and information technology fields, engaging in the research and development, production, and sales of related equipment. This move aims to promote the company's diversified layout, enhance sustainable development capabilities and overall competitiveness, and have a positive impact on the company's operations
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