Core Viewpoint - The company plans to establish a joint venture in Indonesia with PINQUAN TECH PTE.LTD., with ownership stakes of 51% and 49% respectively, to expand its operations in the electrical equipment sector [1] Group 1: Joint Venture Details - The first joint venture will focus on the production and sales of high and low voltage electrical equipment, along with related consulting and maintenance services, with a registered capital of $1.3 million and a total planned investment of $2.35 million [1] - The second joint venture will engage in wholesale and retail of electrical components, system integration equipment, and hardware products, providing both software and hardware consulting services, with a registered capital of $650,000 and a total planned investment of $650,000 [1] Group 2: Funding and Management - The investment will be funded from the company's own resources, and there is no need for shareholder meeting approval, as the board has authorized management to handle the specific matters [1]

Core Viewpoint - The company, Future Electric (301386.SZ), is actively expanding its overseas market presence in response to the national "going out" development strategy by establishing new entities in Singapore and Indonesia [1] Group 1: Overseas Expansion - Future Electric plans to set up COGLORY HOLDING PTE.LTD. and Coglory One Inc. to facilitate its overseas operations [1] - The newly established entity, XINGCHEN INVEST PTE.LTD., will collaborate with PINQUAN TECH PTE.LTD. to form joint ventures in Indonesia [1] Group 2: Joint Ventures - XINGCHEN INVEST PTE.LTD. and PINQUAN TECH PTE.LTD. will jointly invest in two companies in Indonesia, with ownership stakes of 51% and 49% respectively [1] - The first joint venture will focus on the production and sales of high and low voltage electrical equipment, with a registered capital of $1.3 million and a total planned investment of $2.35 million [1] - The second joint venture will engage in wholesale and retail of electrical components and hardware products, with a registered capital of $650,000 and a total planned investment of $650,000 [1]

Group 1 - The company plans to establish an overseas entity, XINGCHEN INVEST PTE.LTD., to jointly invest with Singapore's PINQUAN TECH PTE.LTD. in two joint ventures in Indonesia [1] - The first joint venture will focus on the production and sales of high and low voltage electrical equipment, with a registered capital of $1.3 million and a total planned investment of $2.35 million [1] - The second joint venture will engage in wholesale and retail of electrical components, system integration equipment, and hardware products, with a registered capital of $650,000 and a total planned investment of $650,000 [1]