【Kaiwang Technology: Subsidiary Invests 1.5 Million USD to Establish Company in Vietnam】Jin Shi Data December 25 - Kaiwang Technology announced that its wholly-owned subsidiary, Kaiwang Electronics, will establish a subsidiary in Hong Kong named "Hong Kong Kaiwang Electronics Limited" with an investment amount of 78,000 HKD. At the same time, through the Hong Kong subsidiary, it will invest 1.5 million USD to establish "Vietnam Haixin Electronics Limited" in Vietnam. This external investment aims to enhance the company's international competitiveness, expand into Southeast Asia and overseas markets, respond to customer demands for overseas business, and align with the company's international development strategy. The investment funds are self-raised and are expected not to have a significant impact on the company's financial status for this year. The company will continue to monitor the progress of establishing overseas subsidiaries and fulfill its information disclosure obligations. (Source: Jin Shi Data)