Qingdao Tianeng Heavy Industries Co., Ltd. recently announced that according to the company's business development needs, it plans to set up a wholly-owned subsidiary Tianeng Heavy Industries in Hong Kong(Hong Kong)Limited company.

Ring view:The establishment of the Hong Kong subsidiary of the company will further promote the expansion of the company's industrial chain, and the establishment of Tianneng Heavy Industry (Hong Kong) Co., Ltd. will be conducive to the formation of synergy with the domestic business. If the subsidiary can operate effectively in the future, it will have a positive impact on the company's overseas business expansion and domestic business coordination.

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