According to the Zhitong Finance App, Wang Li Security (605268.SH) issued an announcement that Dingjia Technology (Yongkang) Co., Ltd., a wholly-owned subsidiary of the company, invested RMB 10 million to establish Hubei Wangli Security Products Co., Ltd. to expand the company's door lock business. In addition, Licheng Technology (Yongkang) Co., Ltd., a holding subsidiary of the company, invested RMB 10 million to establish Hubei Nengcheng New Materials Co., Ltd. to specialize in the processing and sale of construction stone.
This foreign investment is in line with the company's long-term development strategy plan and is conducive to promoting the company's long-term and healthy development. This investment will not have a significant impact on the company's financial position and operating results, and there will be no harm to the interests of the company and all shareholders, especially small to medium shareholders.