Wuxin Tunnel's subsidiary company has been renamed and its business scope adjusted. The legal representative has been changed to "Wang Xincheng."

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【Finance News】On March 24, Hunan Wuxin Tunnel Intelligent Equipment Co., Ltd. (Securities Code: 920174, Stock Short Name: Wuxin Tunnel) released an announcement stating that to meet development needs, its subsidiary has completed changes to its name and business scope, and has办理ied the relevant industrial and commercial change registration procedures.

According to the announcement, the original “Huaihua Xingzhong Technology Co., Ltd.” was officially renamed to “Huaihua Xingzhong Technology Co., Ltd.”, and the company type was changed from a joint-stock company to “another limited liability company.” At the same time, the legal representative was changed to Wang Xincheng, while the registered capital remains unchanged at RMB 32.82101 million.

Change item
Before the change
After the change
Company name
Huaihua Xingzhong Technology Co., Ltd.
Huaihua Xingzhong Technology Co., Ltd.
Company type
Joint-stock company
Other limited liability company
Legal representative
(Not disclosed)
Wang Xincheng
Registered capital
RMB 32.82101 million
RMB 32.82101 million
Business scope
(Not disclosed)
Technical services, technical development, technical consultation, technical exchange, technical transfer, technical promotion, enterprise management (except for projects that must be approved according to law; the company may independently carry out business activities with its business license in accordance with law)

It is understood that the new business scope focuses on technical services and enterprise management, including activities such as technology development, consultation, transfer, and promotion. The company’s address remains at No. 85 Liyuan Road, Chengzhou District, Huaihua City, Hunan Province, and the unified social credit code remains unchanged at 91431200MA4LNULM42.

Wuxin Tunnel said that the changes to the subsidiary’s business items have obtained the new business license issued by the Huaihua Municipal Market Supervision Administration, and the relevant industrial and commercial change registration procedures have been completed. The board of directors of the company and all its members guarantee that the contents of the announcement are true, accurate, and complete, and there are no false records, misleading statements, or material omissions.

The adjustment of the subsidiary’s name and business scope has been viewed by industry insiders as an important measure for Wuxin Tunnel to optimize its business structure and focus on its core areas. Market analysts noted that the new business scope places greater emphasis on technical services and enterprise management, which may help enhance the subsidiary’s synergy effects within the industrial chain.

Click to view the full text of the announcement>>

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