Soling Industrial establishes wholly-owned subsidiary in Chengdu

Shenzhen Soling Industrial (SZSE:002766) announced today the establishment of a wholly-owned subsidiary, Chengdu Soling Car Connection Technology, through its subsidiary, Wuxi Soling Technology. The registered capital of the new company is ¥20 million, fully funded by Wuxi Soling Technology's own capital. Chengdu Soling Car Connection Technology has completed its industrial and commercial registration and obtained a business license issued by the Chengdu High-tech Industrial Development Zone Market Supervision Administration. The new company, located in Chengdu Future Science and Technology City, will focus on technology services, research and development, and sales of intelligent vehicle equipment. The investment aligns with Soling Industrial's strategic development and aims to expand its business operations. The company will incorporate the new subsidiary into its consolidated financial statements.