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Xinquan Co., Ltd.: Establishing a Wholly-Owned Subsidiary in Kaifeng; Kaifeng Xinquan Auto Parts Co., Ltd. has completed registration.
Xinquan Co., Ltd. announced that the company will hold a board meeting on February 4, 2026, to review and approve the proposal to establish a wholly-owned subsidiary, Kaifeng Xinquan Auto Parts Co., Ltd., in Kaifeng City, Henan Province. Recently, the company has completed the industrial and commercial registration procedures and obtained the Business License. The registered capital is RMB 50 million, mainly engaged in the research and development, design, manufacturing, and sales of auto parts. This investment aligns with the company’s operational development needs, helps cultivate new profit growth points, and enhances overall competitive strength.