Core Viewpoint - Weigao International Holding Corporation Pte. Ltd. has entered into a joint venture agreement with PT Oneject Indonesia to establish Oneject Wego Medical in Indonesia, focusing on local production of medical consumables [1][2] Group 1: Joint Venture Details - The joint venture will be owned 45% by Weigao International and 55% by the joint venture partner [1] - The joint venture will manufacture and sell intravenous catheters, infusion sets, and other medical consumables, targeting products that are currently heavily imported into Indonesia [1] - The partner, PT Oneject Indonesia, is a subsidiary of GDK Company, a leading manufacturing and sales group in Indonesia, which will provide extensive resources and market knowledge [1] Group 2: Strategic Benefits - The establishment of the joint venture is expected to allow the company to enter emerging overseas markets, expand its customer base, and create synergies with existing operations [2] - The board believes that the joint venture aligns with the overall interests of the company and its shareholders [2]