000404SZSE

Announcement on Establishing a Subsidiary in Thailand

Changhong Huayi Compressor Co., Ltd.·April 29, 2026

✨ AI Summary

Changhong Huayi Compressor Co., Ltd. has approved an investment of 680 million Thai Baht (approximately 145 million RMB) to establish a subsidiary in Thailand, in collaboration with its holding subsidiary, Casibella Compressor Co., Ltd. This investment aims to enhance the company's international strategy and expand its presence in Southeast Asia. The project requires government approval and is expected to strengthen the company's market position without adversely affecting its financial status.

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Full Translation

AI Translation· azure_openai

Securities Code: 000404

Securities Abbreviation: Changhong Huayi

Announcement Number: 2026-034

Changhong Huayi Compressor Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

On April 29, 2026, the Company convened the 2026 Second Extraordinary Meeting of the 10th Board of Directors, which reviewed and approved the proposal on investing to establish a subsidiary in Thailand. The relevant information is announced as follows:

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