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April 23 midday announcement overview: Hengbo Co., Ltd. invested 10 million yuan with its own funds to establish a wholly-owned subsidiary, Shaanxi Hengbo Auto Parts Co., Ltd.
Hengbo Co., Ltd. Announcement: To further meet development strategic needs, expand business coverage, and improve market competitiveness, the company has invested 10 million yuan of its own funds to establish a wholly-owned subsidiary, Shaanxi Hengbo Auto Parts Co., Ltd. Recently, Shaanxi Hengbo Auto Parts Co., Ltd. has completed industrial and commercial registration and obtained the “Business License” issued by the Lìquán County Administrative Approval Service Bureau.