Group 1 - The company Zhaowei Electric announced plans to invest up to $100 million in building a new production base in Thailand, marking a significant step in its overseas strategic layout [3] - The new production base aims to enhance the company's global production network and establish a localized product service supply system to better meet overseas customer demands and improve international competitiveness [3] - Zhaowei Electric specializes in micro drive systems and micro actuation systems, with applications in automotive electronics, smart home devices, medical equipment, and industrial automation [3] Group 2 - This is not Zhaowei Electric's first foray into overseas markets, as the company has previously established subsidiaries in the United States and Germany to continuously enhance its global business network [4] - In August, the company submitted its listing application to the Hong Kong Stock Exchange, accelerating its internationalization strategy [4] - Zhaowei Electric emphasizes a development strategy of "rooting in the domestic market while expanding overseas," aiming to enhance its international brand influence and diversify its financing channels through the H-share listing [4]