On February 14, Soling announced that its wholly-owned subsidiary, Wuxi Soling Technology Co., Ltd., has successfully established a new wholly-owned subsidiary in Chengdu, named Chengdu Soling Auto Connected Technology Co., Ltd., with a registered capital of RMB 20 million. Wuxi Soling has fully funded the new subsidiary and holds 100% equity in it. This strategic move is intended to cater to the growing needs of business expansion and strategic development.
