Core Viewpoint - The company plans to invest approximately 300 million RMB in establishing a production base for brazing materials in Thailand, with the project approval and implementation being authorized to the management team [2] Group 1: Investment Details - The total planned investment for the Thailand production base is around 300 million RMB, which includes land purchase, construction of production facilities, and acquisition of fixed assets [2] - The actual investment amount will be subject to approval by local authorities in China and Thailand [2] Group 2: Management Authorization - The board of directors has authorized the management team to handle all aspects related to the establishment and investment in the Thailand production base, including project planning, investment registration, and signing relevant agreements [2] - This authorization is effective from the date of board approval until all related matters are completed [2] Group 3: Regulatory Compliance - As of the announcement date, the company has completed the registration of the Thailand entity and obtained necessary certificates from the Zhejiang Provincial Department of Commerce and the Zhejiang Provincial Development and Reform Commission [2]