Hanvo Safety(SZ:300952) Ge Long Hui·2025-12-12 08:22Core Viewpoint - The company, Henghui Security, is advancing its project in Vietnam to produce 16 million pairs of functional safety gloves annually, supported by a significant investment and regulatory approvals [1] Group 1: Company Developments - Henghui Security has established a wholly-owned subsidiary in Vietnam, Henghui (Vietnam) Safety Protective Products Co., Ltd., to implement the glove production project [1] - The company has obtained a total of $41 million in ODI registration certificates from the Nantong Development and Reform Commission and the Jiangsu Provincial Department of Commerce [1] - To accelerate the construction and operation of the Vietnam project, Henghui Hong Kong plans to increase its equity capital investment by $41 million, which will be fully allocated to capital reserves [1] Group 2: Financial Structure - After the capital increase, Henghui Hong Kong's registered capital will remain unchanged at HKD 1 million, and the company will continue to hold 100% equity [1]