GUANGDONG HONGTU(SZ:002101) Ju Chao Zi Xun·2026-01-21 03:04Core Viewpoint - Guangdong Hongtu announced plans to establish a wholly-owned subsidiary in Thailand, HongTu Automotive Products (Thailand) Co., Ltd., with an investment of up to RMB 95 million, aimed at enhancing its overseas production capacity and deepening cooperation with international clients [2][2][2] Group 1: Investment Details - The investment will be made through two subsidiaries: Siwei Erwanji (Guangzhou) Automotive Parts Co., Ltd. holding 99% and Guangdong Hongtu (Hong Kong) Trading Co., Ltd. holding 1% [2][2] - The total investment amount is capped at RMB 95 million, subject to approval by Chinese and local authorities [2][2] Group 2: Strategic Objectives - The new facility will be located near the Eastern Economic Corridor (EEC) in Thailand, focusing on manufacturing and sales of automotive parts, decorative components, and precision molds [2][2] - This overseas investment is a key move in the company's strategy to establish an independent and controllable overseas production capacity for its interior and exterior business segments [2][2] Group 3: Market Expansion - The company aims to leverage opportunities in the Thai market by connecting with local Chinese and Japanese automotive manufacturers, using Thailand as a base to expand into Southeast Asian markets [2][2]