·Yida Technology invested 500 million registered new energy vehicle research and development company

Recently, Yida Technology Group Co., Ltd. reviewed and approved the “Proposal on the Establishment of Yida New Energy Automobile R&D Co., Ltd.” and completed the registration procedures for the establishment of the industrial and commercial establishment of Yida New Energy Automobile R&D Co., Ltd. on December 5 and made an announcement.
The announcement is as follows:

Yuda Technology Group Co., Ltd. Announcement on the completion of the registration of industrial and commercial establishments by the new energy vehicle R&D company

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions.
Yida Technology Group Co., Ltd. (hereinafter referred to as “the company”) held the third extraordinary shareholders meeting of 2016 on December 2, 2016, and reviewed and approved the “Proposal on the Establishment of Yida New Energy Automobile R&D Co., Ltd.” With its own capital of RMB 500 million as registered capital, it invested in the establishment of Yuda New Energy Automobile Research and Development Co., Ltd.
Approved by the industrial and commercial department, the company completed the registration procedures for the establishment of the industrial and commercial establishment of the new energy vehicle R&D Co., Ltd. on December 5, 2016, and obtained the “Business License” issued by the Changzhou Wujin District Market Supervision Administration. The relevant information for the registration of the Business License is as follows:
Name: Yuda New Energy Automobile R&D Co., Ltd.;
Unified social credit code MAINILKF2W;
Company type: limited liability company (legal-owned);
Address: No. 1, Yuda Road, Xueyu Town, Wujin District, Changzhou City;
Legal representative name: Shen Jieliang;
Registered capital: 50,000 yuan;
Date of establishment: December 5, 2016;
Business scope: technology development, consulting, service and transfer of transportation vehicle interior systems, natural fibers, chemical fibers, plastic masterbatch, new materials; technology development, consulting, service and transfer of core components related to new energy vehicles; Technical development, consulting, service and transfer of energy logistics vehicles. (Projects subject to approval according to law may be operated after approval by relevant departments)
Equity structure: The company holds 100% of its equity and is a wholly-owned subsidiary of the company.
Special announcement.

Board of Directors of Yida Technology Group Co., Ltd. December 5, 2016

it  is full range of valve parts   for the following type :