HYATECH(SH:688510) Shang Hai Zheng Quan Bao·2025-11-28 20:31Core Viewpoint - The company, Wuxi Hyatech Co., Ltd., plans to establish a subsidiary in Singapore and a subsidiary in Malaysia with an investment of up to $70 million, aiming to enhance its strategic layout and competitiveness in the global market [2][4]. Group 1: Investment Overview - The company intends to set up "Hyatech Investments Singapore PTE. LTD." in Singapore and "Hyatech (Malaysia) SDN. BHD." in Malaysia, with a total investment not exceeding $70 million (approximately 500 million RMB) [2][4]. - The investment will be funded through the company's own resources, and the actual investment amount will depend on approvals from Chinese and local authorities [2][4]. Group 2: Decision and Approval Process - The investment proposal was approved during the fourth board meeting held on November 28, 2025, and does not require shareholder approval as it falls within the board's decision-making authority [5]. Group 3: Purpose and Impact of Investment - The investment aims to deepen strategic cooperation with international clients and integrate into the global supply chain of the aviation and medical orthopedic industries, enhancing the company's market competitiveness and risk resilience [9][10]. - The company's current financial status is stable, and the investment is expected to positively impact its long-term strategic planning and operational development, thereby strengthening its market share in the global aviation and medical sectors [10].