Core Viewpoint - Company plans to invest $1.5 million to establish a subsidiary in Singapore to enhance its international competitiveness and meet its diversified development strategy needs [1][2]. Investment Details - Investment Amount: Planned investment of $1.5 million, subject to approval by Chinese and local authorities [1]. - Source of Funds: Company and its subsidiaries' own funds or self-raised funds [1]. - Subsidiary Information: The subsidiary, New Era International Industrial Private Limited, has been registered with a capital of $500,000 and is wholly owned by the company [1]. Purpose and Impact of Investment - Investment Purpose: Aims to enhance the company's international competitiveness in the renewable energy photovoltaic and new energy vehicle parts markets, and to expand into overseas markets [2]. - Impact on Company: The investment is not expected to significantly impact the company's financial status or operating results for the current year. Establishing an international strategic center in Singapore will help the company better serve global customers and align with its strategic development plan [2].
鑫铂股份拟投150万美元在新加坡设子公司 拓展国际市场