300547SZSE

Announcement on Investment in Establishing a Vietnamese Subsidiary

✨ AI Summary

Sichuan Chuanhuan Technology Co., Ltd. will invest USD 1 million in its wholly-owned subsidiary in Vietnam to expand its overseas market, optimize global industrial layout, and enhance market competitiveness. The investment is funded by the company's own capital and is subject to domestic and Vietnamese regulatory approvals.

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Full Translation

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Securities Code: 300547 Securities Abbreviation: Chuanhuan Technology Announcement No.: 2026-038 Sichuan Chuanhuan Technology Co., Ltd. Announcement on Investment in Establishing a Vietnamese Subsidiary

The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Notes:

  1. This outbound investment is subject to domestic and overseas investment filing or approval procedures, as well as local investment permits and company registration approval procedures in Vietnam. There is a degree of uncertainty regarding the relevant approval procedures and implementation progress.
  2. Vietnam's laws and regulations, policy systems, business environment, and cultural characteristics differ significantly from those in China. The international political situation is complex, and the development of international trade disputes is uncertain. There are certain management, operational, and market risks in the establishment and operation of the Vietnamese company, and the extent to which the results of this outbound investment can meet expectations is uncertain.
  3. This outbound investment will be settled in foreign currency, and there is a risk of exchange rate fluctuations.

I. Overview of the Outbound Investment

  1. Basic Situation of the Outbound Investment Sichuan Chuanhuan Technology Co., Ltd. (hereinafter referred to as the "Company"), in order to further expand overseas markets, optimize its global industrial layout, and enhance its market competitiveness and customer service capabilities in Southeast Asia and surrounding regions, plans to invest its own funds to establish a wholly-owned subsidiary in Vietnam. The provisional name is "Chuanhuan Technology (Vietnam) Co., Ltd." (the specific name is subject to approval by the local registration authority in Vietnam). The registered capital is USD 1 million, and it is planned to be wholly owned by Chuanhuan Technology (Shenzhen) Co., Ltd.

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