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博威合金最新公告:在摩洛哥设立全资子公司并投资建设生产基地

Group 1 - The company, Bowei Alloy (601137.SH), plans to invest up to $15 million to establish a wholly-owned subsidiary in Morocco named Bowei Alloy New Materials (Morocco) Co., Ltd [1] - The investment will be used to construct a project with an annual production capacity of 30,000 tons of special alloy electronic material strips [1] - The investment amount includes expenses related to setting up the subsidiary, purchasing land, and constructing fixed assets and supporting facilities [1] Group 2 - The construction of the Moroccan production base will be implemented in phases based on business progress and specific circumstances [1] - This external investment does not require approval from the company's shareholders meeting but must complete relevant approvals and filings with domestic authorities such as commerce, development and reform, and foreign exchange management [1] - Local approvals and registrations from relevant Moroccan authorities are also required for the investment [1]