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Hualan Shares: Wholly owned subsidiary plans to invest 50 million yuan to establish a wholly owned subsidiary
Hualan Shares Announcement: The company’s wholly-owned subsidiary, Hainan Lingqing Digital Medical Technology Co., Ltd., plans to use its own funds of 50 million RMB to establish a wholly-owned subsidiary, of which 10 million RMB will be included in the registered capital and 40 million RMB will be included in the capital reserve. The newly established wholly-owned grandchild company will focus on AI-driven small molecule drug discovery technology research and development and application, based on core algorithms such as 64-dimensional high-fidelity latent space (GVAE) and hidden space flow matching, to build an innovative drug research and development platform that integrates artificial intelligence with physical constraints deeply.