China Research announced that the company plans to invest 10 million yuan with its own funds to establish a wholly-owned subsidiary, China Research Composite Materials Technology Co., Ltd., in Shenzhen. This investment does not constitute related party transactions or significant asset restructuring.
中研股份：投资1000万元设立全资子公司
Zhongyan Company: Invested 10 million yuan to establish a wholly-owned subsidiary.
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