特锐德：在沙特设立分公司以拓展中东区域市场

Core Viewpoint - The company, Teruid (300001.SZ), has established a subsidiary in Saudi Arabia to expand its market presence in the Middle East, aiming to leverage strategic opportunities arising from the region's energy transition and economic development [1]. Group 1: Company Expansion - The establishment of the Saudi subsidiary, named Qingdao Teruid Electric Co., Ltd. Saudi Branch, is part of the company's strategy to enhance its overseas business layout [1]. - The management team has been authorized to implement and handle the necessary procedures for setting up the subsidiary [1]. - This move does not constitute a related party transaction or a major asset restructuring, and it does not require approval from the shareholders' meeting [1]. Group 2: Market Strategy - The subsidiary aims to capitalize on the strategic opportunities presented by Saudi Arabia's energy transition and economic growth [1]. - The initiative is expected to strengthen the company's competitiveness in the overseas market and promote long-term business development [1].