Golden Shield Group (300411.SZ) has established a wholly-owned subsidiary to carry out the culvert advancing project.

Smart Finance and Economics App News, Jindun Technology (300411.SZ) announced that, in order to continue to advance the research and development of the multi-scenario "inlet propulsion device" project products and subsequent industrialization, with the approval of the general manager, it has agreed to use its own funds of RMB 10 million to establish a wholly-owned subsidiary, Zhejiang Hanyi Intelligent Propulsion Technology Co., Ltd., and authorized relevant personnel to handle registration and other matters.