Huaxia Bank has established a new car rental company in Huizhou, Guangdong province, through its subsidiary Huaxia Financial Leasing Co., Ltd. The company, named Huaxin Mao Dian (Huizhou) Automobile Rental Co., Ltd., has a registered capital of 100,000 RMB and will focus on operating small and mini passenger vehicle rental services, as well as other leasing services. This move indicates a diversification strategy for the financial leasing arm of Huaxia Bank. AI
RANK_REASON This is a new business venture by a financial institution's subsidiary, not a core AI development or release.
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