Investment Overview - The company plans to establish a wholly-owned subsidiary in Singapore named SENPURE FOOD (INTERNATIONAL) PTE. LTD. and a subsidiary in Thailand named YONG MI GUO FOODS (THAILAND) CO., LTD. to build a liquid ready-to-drink beverage production base in Thailand [2][5] - The total investment amount is $38 million (approximately 268 million RMB), funded by the company's own capital, with the actual investment subject to approval by Chinese and local authorities [2][5][18] Investment Details - The Singapore subsidiary will have a registered capital of 1 million SGD (approximately 5.47 million RMB), while the Thai subsidiary will have a registered capital of $5 million (approximately 35.25 million RMB) [8][11] - The investment will primarily be used for establishing and operating the overseas companies, purchasing land, constructing facilities, and procuring equipment [5][18] Market Positioning and Strategy - The project aims to position Thailand as a production base and export hub for cup beverages, targeting markets in Cambodia, Laos, Myanmar, and Vietnam, as well as the broader ASEAN market [8][16] - The company plans to market its cup fruit tea products as high-end beverages for health-conscious consumers, differentiating itself with unique tropical flavors, 25% real fruit juice content, low sugar, and transparent cup packaging [16] Operational Impact - This investment aligns with the company's strategic layout and overseas business development needs, enhancing its competitiveness in the international cup liquid beverage market [18] - The funding source is the company's own capital, ensuring that it will not adversely affect the company's main business, cash flow, or asset status [18]