Zhejiang Resources (600070): To Invest 150 Million Yuan To Set Up Two New Subsidiaries
Zhejiang 600070.SH announced that, according to the needs of business development, the company intends to set up two new subsidiary companies in Zhejiang, Hangzhou, Binjiang District, Zhejiang, the number of Chain Technology Co., Ltd. (registered capital of 100 million yuan) and Zhejiang fortune number gold Technology Co., Ltd. (registered capital of 50 million yuan). The names of the two companies have been pre approved by the industrial and commercial registration authority.
Zhejiang Fulun number Chain Technology Co., Ltd. and Zhejiang Fulun gold science and technology limited company's business scope include technology development, technical consultation, technical service, achievement transfer; data processing technology, computer hardware and software, computer system integration; undertaking computer network engineering; service: second kinds of value-added information services in value-added telecommunications business (only Internet information services); import and export of goods or technologies (except for goods and technologies that are prohibited by the state or involving administrative examination and approval); sales: computer software and auxiliary equipment, electronic products and communication equipment; design and production agent, release: domestic advertising (except network advertising release).
The new two subsidiary companies are in line with the company's strategic planning, which is conducive to enhancing the competitiveness of the company. After the establishment of the new company, it will not generate economic benefits in the short term. It is not expected to have a significant impact on the company's financial performance and operating results in 2019.
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