Donghua software: the holding subsidiary plans to invest 50 million yuan to establish a wholly-owned subsidiary
Donghua software announced that the company's holding grandson Donghua Smart City Co., Ltd. plans to invest 50 million yuan to establish a wholly-owned subsidiary "Taicang Donghua Zhiyun Technology Co., Ltd", accounting for 100% of its registered capital. The establishment of the new company in Taicang City, Jiangsu Province, on the one hand, is to strengthen market development and expand the informatization projects of local enterprises and institutions in Taicang City Based on the Taicang smart city project.
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