Chinese Super League Holdings: The actual controller provides funding support of no more than 10 million yuan to the controlling subsidiary company.
China Super Holdings announced on the morning of May 8th that, in order to support the development of its controlling subsidiary Jiangsu Zhongchao Aerospace Precision Casting Technology Co., Ltd., the company's controlling shareholder Yang Fei intends to provide funding support not exceeding 10 million yuan according to the capital needs of Jiangsu Precision Casting. The company focuses on two core industries: wire and cable, and high-temperature precision casting, steadily enhancing the development of the wire and cable industry while accelerating the development of high-temperature alloy precision castings as a second main business. Jiangsu Precision Casting has already collaborated with relevant technology companies and universities in the fields of unmanned aerial vehicles and robot components. At the same time, the company's precision castings have already been successfully applied in the field of artificial joints.
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