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Tengjing Technology: Proposes to Invest RMB 35 Million to Establish a Wholly-Owned Subsidiary
Tengjing Technology announced that the company plans to invest 35 million RMB to establish a wholly-owned subsidiary, Tengjing Optical Communication Technology (Zhengzhou) Co., Ltd., which will be responsible for implementing the “Optoelectronic Component Manufacturing Base Project.” This external investment does not involve related-party transactions and does not constitute a major asset restructuring as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies.”