Wangli Security & Surveillance Product Co.,Ltd. (605268.SH) announced that based on strategic planning and business development requirements, the company intends to invest HK$500,000 of its own funds (approximately RMB 460,000 calculated at an exchange rate of RMB to HKD 1:1.09, with the actual investment amount subject to approval by relevant authorities) to establish a wholly-owned subsidiary in Hong Kong - Wangli Security & Surveillance (Hong Kong) Limited (tentative name, subject to final approval by relevant Hong Kong authorities).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments