Jiangyin Hengrun Heavy Industries (603985.SH) plans to establish a wholly-owned subsidiary to engage in computing power-related businesses.
Hengrun Co., Ltd. (603985.SH) announced that its controlling subsidiary, Shanghai Runliuchi Technology Co., Ltd., plans to establish a wholly-owned subsidiary, Runliuchi Technology (Shantou) Co., Ltd., in Shantou City, with a registered capital of 100 million yuan. After the new company is established, it will engage in computing power-related businesses. This investment aims to further expand the computing power business market, leveraging the resources and policy benefits of Shantou City, and to explore a new paradigm for digital overseas expansion, thereby enhancing the companys overall competitive strength.
Jiangyin Hengrun Heavy Industries (603985.SH) announced that its holding subsidiary, Shanghai Runliuchi Technology Co., Ltd., intends to establish a wholly-owned subsidiary, Runliuchi Technology (Shantou) Co., Ltd., in Shantou City, with a registered capital of 100 million yuan. After the new company is established, it will engage in computing power-related businesses. This investment aims to further expand the computing power business market, leveraging the resources and policy benefits of Shantou City, and jointly explore new paradigms for digital overseas expansion to enhance the company's overall competitive strength.
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