Kibing Group (601636.SH) plans to establish two subsidiaries to optimize R&D systems and business procedures

Zhitong Finance App News, Kibing Group (601636.SH) issued an announcement. In order to further rationalize the company's R&D business chain, optimize the R&D system and business procedures, and promote the efficient development of new business incubation, external investment and mergers, and team introduction, the company plans to invest in the establishment of a wholly-owned subsidiary, Shenzhen Kibing Technology Development Co., Ltd., with a registered capital of 10 million yuan. It also invested in the establishment of the newly established Shenzhen Kibing Technology Development Co., Ltd. as the main investor, Sun Company, Shenzhen Kibing Technology Development Co., Ltd., with a registered capital of 10 million yuan.

Kibing Technology is mainly a cooperative platform for the company to invest in external R&D; Kibing Technology mainly serves as the company's internal R&D management platform and undertakes related functions such as science and technology project management, incubation, and transformation of scientific and technological achievements. Through “dual platform” collaborative operation, the company will accelerate the construction of a new R&D management system and operation mechanism, further strengthen the core competitiveness of R&D innovation, and inject strong impetus into the company's continued leadership and long-term development in the field of high-end glass.