MAXVISION: Invested to establish a wholly-owned subsidiary, Shenzhen Feifeite Cultural Innovation Co., Ltd., with a registered capital of 10 million yuan
MAXVISION announced that the company will hold the 31st meeting of the third board of directors on August 21, 2025, to review and approve the proposal on investing to establish a wholly-owned subsidiary. The company plans to use its own funds to invest in the establishment of a wholly-owned subsidiary, Shenzhen Feifeite Cultural Innovation Co., Ltd., with a registered capital of RMB 10 million, and the company will hold 100% equity in it. This investment does not constitute a related party transaction, nor does it constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."
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