Investment Overview - The company plans to establish a wholly-owned subsidiary in Malaysia named "BONREE DATA TECH SDN.BHD." with an investment amount not exceeding 1 million USD [2][4] - The investment will be funded by the company's own resources, and the registered capital for the subsidiary will be 10,000 MYR [6][7] - The investment aims to expand the company's presence in the Southeast Asian market and enhance customer relationships [7] Decision and Approval Process - The company's board of directors approved the investment proposal on August 7, 2025, and authorized the management to handle the necessary approvals and registrations [4][5] - The investment does not require shareholder meeting approval as per the company's articles of association [5][6] Impact on the Company - The establishment of the Malaysian subsidiary will not adversely affect the company's normal operations and is aligned with its overall strategic development [7] - The subsidiary will be included in the company's consolidated financial statements, leading to changes in the scope of consolidation [7] Regulatory Considerations - The investment is subject to obtaining necessary approvals and registrations from relevant authorities, which may introduce uncertainties [8] - The company will actively pursue the required approvals and maintain communication with relevant departments to expedite the process [8]