Suzhou West Deane New Power Electric (SH:603312) Ju Chao Zi Xun·2025-09-12 03:08Core Insights - The establishment of WEST DEANE NEW POWER (THAILAND) CO.,LTD. marks a significant step in the company's strategic expansion in the Southeast Asian market [2][3] - The company aims to enhance its market competitiveness and business operations through the establishment of a production base in Thailand [2] Group 1: Company Developments - The registered capital of the Thai subsidiary is 5 million Thai Baht, with a shareholding structure of 90% held by WEST DEANE NEW POWER (SG) PTE.LTD. and 10% by WEST DEANE INTERNATIONAL LIMITED [3] - The operational scope of the Thai subsidiary includes manufacturing and assembly of electric vehicle battery products, research and design of power transmission and distribution equipment, and wholesale and retail of battery components [3] Group 2: Market Potential and Strategic Advantages - Thailand is recognized as a transportation hub and manufacturing base in Southeast Asia, providing a favorable investment environment and market potential [3] - The establishment of the production base in Thailand will allow the company to leverage local resources and policy advantages, reducing production costs and enhancing production efficiency [3] - The Thai subsidiary will also serve as a research and development center for electric vehicle batteries and related products, supporting the company's sustainable development through technological innovation [3]