Zhitong Finance App News, Jinqiao Information (603918.SH) issued an announcement. Based on the development strategy plan and business development needs, the company established a wholly-owned subsidiary Jinzhu Yunqiao (Hangzhou) Technology Co., Ltd. in Hangzhou with its own capital of 20 million yuan. The company directly holds 100% of Jinzhu Yunqiao's shares. Jinqiao Yifa, the holding subsidiary of the company, used 9 million yuan of its own capital, and Jinqiao Technology, a wholly-owned subsidiary of the company, established a holding subsidiary, Jinqiao (Hangzhou) Information Technology Co., Ltd. in Hangzhou with its own capital of 1 million yuan. Jinqiao Yifa and Jinqiao Technology hold 90% and 10% of Jinqiao's shares respectively.

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