JCT(SH:603657) Zheng Quan Shi Bao Wang·2025-08-10 11:02Group 1 - Company plans to acquire land use rights in Suzhou for a new project to produce 8 million clean electrical appliances annually, with a total investment not exceeding 1 billion yuan [1] - The current production facilities of the subsidiary Suzhou Shangteng are rented, and the expansion is necessary to meet growing operational demands and reduce rental costs [1] - The investment will increase capital expenditure and cash outflow, but the company assures that it will manage funds effectively to protect shareholder interests [1] Group 2 - Global vacuum cleaner consumption is primarily concentrated in developed countries like Europe, the US, and Japan, where consumer habits and replacement needs drive demand [2] - Increasing health and environmental awareness among domestic consumers is creating a broader market demand for clean electrical appliances [2] Group 3 - In 2024, the company is enhancing its overseas operations, increasing investment in a clean electrical appliance production base in Vietnam from 185 million yuan to 320 million yuan [3] - The construction scale of the factory in Vietnam has expanded from approximately 56,000 square meters to about 133,400 square meters, with foundation work completed [3] - The company has also increased its stake in TENGYUE in Vietnam to 52.74% and established a joint venture in Malaysia focused on home appliance manufacturing [3]