According to the company's development needs, Tali Xin intends to spend 1 million yuan to establish a wholly -owned subsidiary

On July 18, 2022, the New Third Board Enterprise Tylex (838655.NQ) recently issued an announcement for the establishment of a wholly -owned subsidiary of foreign investment.

The announcement shows that according to the company's development needs, the company plans to set up a wholly -owned subsidiary, and the registered place is Tianjin (the name and registered address of the subsidiary of the establishment of the subsidiary are finally approved by the industrial and commercial administrative department), and the registered capital is RMB 1,000,000.

This intended investment behavior is the company's new wholly -owned subsidiaries. According to the "Q&A of the Major Asset Group of the Listing Company", the listing company has a new wholly -owned subsidiary or holding subsidiary, which does not constitute a major asset reorganization. Therefore Major asset restructuring.

The company held the fifth meeting of the Third Board of Directors on July 18, 2022 to review and approve the proposal on the establishment of a wholly -owned subsidiary of the company.

According to Tali, the establishment of a wholly -owned subsidiary of foreign investment is to effectively develop the company's foreign market, which can enhance the company's main business market competitive advantage and meet the company's strategic development requirements.

This foreign investment is an investment activity from the company's development and enhanced the competitiveness of the main business. There may be certain cooperation risks, operations and management risks, but the overall risk is controllable and there is no major risk.

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