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Qinchuan Machine Tool & Tool Group Co., Ltd. (000837.SZ) announced plans to establish a wholly-owned subsidiary, Shaanxi Qinchuan High-Precision Transmission Technology Co., Ltd., by contributing assets and cash from its robot reducer business. The board approved the plan on December 25, 2022.
“公司拟以机器人减速器业务相关的部分经营资产和现金出资,成立全资子公司陕西秦川高精传动科技有限公司。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.