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Youfa Group: Invested in establishing a wholly-owned subsidiary, Guangdong Youfa, with a registered capital of 500 million yuan
Youfa Group Announcement: The company will hold a board meeting on February 4, 2026, to review and approve the proposal to establish a wholly-owned subsidiary, Guangdong Youfa Pipe Industry Technology Co., Ltd. The registered capital is RMB 500 million, which will be paid in full in cash.