Core Viewpoint - The company, Yingli Co., plans to invest 150 million RMB to establish a wholly-owned subsidiary in Saudi Arabia, aiming to enhance its international development strategy and improve its competitive strength in the overseas market [1]. Group 1: Investment Details - The investment amount is set at 150 million RMB, funded by the company's own resources, with the total investment to be made in phases based on the market progress of the Saudi subsidiary [2]. - The subsidiary will be located in the industrial park of Hofuf City, Eastern Province, Saudi Arabia [2]. - The company type for the new entity is a limited liability company, fully owned by the Singapore subsidiary [2]. Group 2: Business Scope - The business scope of the new Saudi subsidiary includes the production, research and development, and sales of server chassis, cabinets, cooling modules for computer and data centers, photovoltaic modules, and related energy storage systems [2].