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Rongjie Health: Plans to invest 30 million yuan to establish a wholly-owned subsidiary in Wuhu
Rongjie Health Announcement: The company plans to invest 30 million yuan to establish a wholly-owned subsidiary in Wuhu. This matter has been approved by the third meeting of the seventh board of directors of the company and does not need to be submitted to the shareholders’ meeting for approval. The new company will focus on the research and development, manufacturing, and sales of household appliances, smart home consumer devices, as well as the research, development, and production of related components and digital home products. The investment funds will come from the company’s own funds, which will not affect the normal operation of the existing main business, nor will it have a significant adverse impact on the company’s financial and operational status.