Inovance Technology Subsidiary Co-founds Qingdao Rail Transit Equipment Company

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Summary · why it matters

Jiangsu Jingwei Rail Transit Equipment, a wholly owned subsidiary of Inovance Technology, has jointly invested with natural person Wang Jishuang to establish Qingdao Jingwei Ruijili Rail Transit Equipment in Qingdao. The legal representative of the new company is Wang Jishuang, and its business scope covers urban rail transit equipment manufacturing, motor manufacturing, as well as sales of specialized rail transit equipment, key systems and components, and high-speed rail equipment and parts.

Impact on assets 1

Others▲ · 1 stocks
Shenzhen Inovance Tech
300124
▲ PositiveDemandrelevance

Subsidiary co-founds a new rail transit equipment company, expanding market presence and potential orders.

Off-coverage companies 2

江苏经纬轨道交通设备有限公司 (Jiangsu Jingwei Rail Transit Equipment Co., Ltd.)Private▲ Positive
Demandrelevance

As the investing subsidiary, it directly establishes a new entity to capture rail transit equipment business.

青岛经纬锐骥利轨道交通设备有限公司 (Qingdao Jingwei Ruijili Rail Transit Equipment Co., Ltd.)Private▲ Positive
Demandrelevance

Newly formed company is the subject of the article, set to manufacture and sell rail transit equipment.