Core Viewpoint - The company, Yiyi Co., has announced an investment of $21 million to establish a wholly-owned subsidiary in Cambodia, named Cambodia Qianchong, as part of its strategy to expand internationally and enhance its competitive edge [1] Group 1: Investment Details - The investment amount is $21 million, funded by the company's own resources [1] - The subsidiary has completed its business registration and the company holds 100% equity in it [1] - The investment aligns with the company's global strategic layout aimed at optimizing cost structure and expanding market presence [1] Group 2: Future Considerations - The investment is subject to approval and registration by local authorities, indicating potential regulatory hurdles [1] - The company anticipates that the investment will not have a significant impact on its financial and operational status in the short term [1] - The long-term development prospects are viewed positively, despite potential macroeconomic and market risks [1]