Core Viewpoint - Zhenyu Technology (300953.SZ) plans to establish a wholly-owned subsidiary in Thailand to invest in a manufacturing base, with a total investment not exceeding $150 million, to support its emerging business development and extend its existing industrial chain [1] Group 1: Investment Details - The investment will be carried out through Zhenyu Technology (Hong Kong) Co., Ltd. and Zhenyu Technology Singapore Co., Ltd. [1] - The project will be constructed in phases, with the first phase planned to invest no more than $75 million [1] - The first phase aims to achieve an annual production capacity of 5 million precision transmission components [1] Group 2: Strategic Objectives - The establishment of the manufacturing base is aligned with the company's overall strategic planning to better meet the needs of its emerging business [1] - Future phases of construction will be advanced based on market conditions, company strategy, and funding arrangements [1]
震裕科技(300953.SZ)：拟在泰国新设全资子公司投建泰国生产制造基地项目