Core Viewpoint - Zhejiang Rongtai Electric Equipment Co., Ltd. is expanding its international operations by investing approximately $77 million in a production project in Thailand, aimed at enhancing its overseas supply chain and meeting business development needs [1] Group 1: Company Overview - As of December 8, 2025, Zhejiang Rongtai's stock closed at 96.93 yuan, with a market capitalization of 35.258 billion yuan [1] - The stock experienced a 0.39% increase from the previous trading day, with a trading volume of 1.28 billion yuan and a turnover rate of 6.62% [1] Group 2: Investment Details - The investment project in Thailand includes the production of 14,000 tons of mica paper, 4,500 tons of mica products, and 7 million sets of robotic components [1] - The total investment is estimated to be around $77 million (approximately 544.8828 million yuan) [1] - The project will be implemented by Thailand New Materials Company, with an investment pathway involving multiple subsidiaries [1] Group 3: Strategic Intent - The investment aims to fulfill the demands of overseas business development and to deepen the company's international layout [1] - The investment is subject to approval from various departments, including commerce and foreign exchange, indicating potential uncertainties [1]
浙江荣泰(603119)披露全资子公司在泰国投资生产项目,12月08日股价上涨0.39%