JSSMDL(SH:603530) Xin Lang Cai Jing·2025-12-31 10:57Core Viewpoint - The company plans to establish a wholly-owned subsidiary in Vietnam to invest in the construction of a digital factory for new materials related to the power grid, with a total investment not exceeding 122 million yuan [1] Group 1: Investment Details - The registered capital for the new subsidiary, Shena Power Vietnam LLC, is set at 1.2 million USD, equivalent to approximately 8.44 million yuan [1] - The total investment for the first phase of the project is capped at 122 million yuan [1] - The project has been approved by the board of directors and is aimed at enhancing the company's international presence [1] Group 2: Project Timeline and Approval - The project is expected to be completed by December 31, 2025 [1] - The investment is subject to government department filing and approval [1]