ZOY(SH:603709) Mei Ri Jing Ji Xin Wen·2025-11-07 08:48Core Viewpoint - Zhongyuan Home (603709.SH) plans to invest $16 million in establishing a self-built production base in Vietnam, indicating a strategic move to expand its manufacturing capabilities and market presence in Southeast Asia [2] Investment Details - The total investment for the project is estimated at $16 million, which will be funded through the company's own or raised funds [2] - The project will be implemented by ZOYFURNITURE (VIETNAM) COMPANY LIMITED, located in Ho Chi Minh City, Vietnam [2] Project Implementation - The construction of the project will be carried out in phases, depending on market demand, business development, and funding procurement [2] - The investment is subject to approval from relevant government departments, which introduces uncertainty regarding the approval process and timeline [2]