According to Zhitong Finance App News, Tianyin Electromechanical (300342.SZ) issued an announcement. In order to enhance the company's core competitiveness and enhance the company's sustainable development capabilities, the company used its own capital of 30 million yuan to establish a wholly-owned subsidiary “Foshan Tianyin Satellite Inspection Service Co., Ltd.” (“Tianyin Star Service” for short). Currently, Tianyin Star Service has completed the commercial registration procedure and obtained a “Business License” issued by the Nanhai District Market Supervision Administration of Foshan City.

This investment is not only a strategic need for the company to optimize its governance structure and improve operational efficiency, but also a practical move for the company to increase the layout of the radar and aerospace electronics sectors and achieve high-quality development. It is expected to further improve the company's high-end product layout, enhance the company's operating strength and profitability, and have a positive impact on the company's future business development and operating efficiency.

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