Shanghai Golden Bridge Info Tech Co., Ltd.SSE: 603918

(603918)"SHANGHAI GOLDEN BRIDGE INFOTECH CO., LTD."Announcement on Establishment of a Subsidiary

· Issued by Shanghai Golden Bridge Info Tech Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603918 · · 5 pages · Chinese

Summary by 6ix AI

Shanghai Golden Bridge Info Tech Co., Ltd. has announced the establishment of two subsidiaries, Jin Zhu Yun Qiao and Jin Qi Qiao, in Hangzhou, with specific ownership structures outlined. The total investment for these subsidiaries is detailed, with one being wholly owned and the other being a joint venture with specified ownership percentages. The board approved this investment without requiring shareholder approval, as it does not constitute a related party transaction or a major asset restructuring. The filing also includes risk warnings regarding the establishment and future operations of these subsidiaries, emphasizing potential uncertainties.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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