On June 24th, Gelunhui reported that Huasu Holdings (000509.SZ) passed the eleventh board of directors meeting of the twelfth session of the company on June 24, 2024, and approved the proposal on the establishment of a wholly-owned subsidiary through external investment. The company agreed to invest RMB 200 million to establish a wholly-owned subsidiary, Hubei Carbon Space Technology Co., Ltd., in Wuhan, with its main business being the monitoring and emission control of methane and other greenhouse gases.

The establishment of the new wholly-owned subsidiary Carbon Space is mainly focused on the "dual carbon" industry, exploring new growth points for the company. Through investment and mergers and acquisitions or new constructions, the company will expand its business scale and profit-making ability, improve the quality of its assets, cultivate its core competitiveness, promote its sustainable development, and have a positive effect on the company's future continuous development.