Wuhu Sanlian Forging Co LtdPlans to invest 3 million euros in a new German branch and deregister the inactive European branch; impact on operations is unclear.

Sanlian Forging announced that the company has decided to establish a German branch and deregister its European branch. The new German branch will be responsible for customer liaison and market development for automotive parts and other products in the European region. It will be registered in Frankfurt am Main, Hesse, Germany, with an expected operating fund of 3 million euros, all from the company's own funds. The European branch, which has not conducted any actual operations since its registration in 2019 and cannot receive operating funds, will be deregistered after the German branch is set up. In the first quarter of 2026, Sanlian Forging achieved revenue of 396 million yuan and a net profit attributable to the parent company of 27.37 million yuan.
Wuhu Sanlian Forging Co LtdPlans to invest 3 million euros in a new German branch and deregister the inactive European branch; impact on operations is unclear.