According to the Zhitong Finance App, Dongyi Risheng (002713.SZ) issued an announcement. According to the company's development strategy plan, the company established a wholly-owned subsidiary Huayu (Hainan) Technology Co., Ltd. (“Huayu Technology” for short), with a registered capital of 50 million yuan. Recently, Huayu Technology completed the industrial and commercial registration procedure and obtained a business license issued by the Hainan Provincial Market Supervision Administration.

The establishment of a wholly-owned subsidiary will help the company strengthen its business development on the premise of ensuring normal operation and meet the company's strategic plan.

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