Kuangda Technology (002516.SZ) plans to invest in establishing a subsidiary in Zhuzhou to undertake regionalized production and services.

Zhtng Cijng APP News: Kungd Kj (002516.SZ) announced that the company plans to invest 50 million yuan to establish a wholly-owned subsidiary in Tianyuan District, Zhuzhou City (hereinafter referred to as "Zhuzhou Subsidiary"). The core positioning of the establishment of Zhuzhou Subsidiary this time is to serve as the company's core business support point in the Central China region, undertake localized production and services, and be responsible for the trial and industrialization of emerging business lines.