Anhui Sentai WPC Group Share (301429.SZ) plans to establish a wholly-owned subsidiary in the United States to expand its overseas market sales territory.

Anhui Sentai WPC Group Share (301429.SZ) Announcement: In order to expand into the American market and increase the marketing and promotion of the company's products, the company's wholly-owned subsidiary, Sen Tai (Thailand) Limited ("Thailand Sen Tai"), plans to establish a fully-owned subsidiary in the United States. The registered capital will not exceed 200,000 US dollars. In recent years, the company has adhered to the development strategy of "based in China, going global" and actively expanded the international market. We have successfully established subsidiaries in Europe, Vietnam, Thailand, and the United States, which has not only broadened the company's overseas sales network but also injected vitality into the company's continuous development. The establishment of this subsidiary is a forward-looking layout for the overseas sales channels of the Thai factory, which will help drive the construction of the factory's production capacity and goals, complement the business of the American holding subsidiary Eva-Last Americas, LLC, and achieve differentiation through multiple brands, channels, and products. At the same time, this will strengthen the international influence of the company's own brand and further expand the company's sales map in overseas markets.