Wuhu Token Sciences (300088.SZ) plans to establish a production base in Vietnam with an investment amount not exceeding 27 million US dollars.
Changxin Technology (300088.SZ) released an announcement to meet the various needs of overseas customers and the company's strategic development requirements...
Wuhu Token Sciences (300088.SZ) has announced plans to establish a wholly-owned subsidiary in Vietnam and build a production base in order to meet the diverse needs of overseas customers and the company's strategic development needs, strengthen communication and cooperation with the international market, and further enhance the company's overall competitive strength. The planned investment amount does not exceed $27 million USD, and the new entity in Vietnam will be named Wuhu Token Sciences (Vietnam) Limited Company (tentative name, subject to approval by the local business registration authority in Vietnam), focusing on consumer electronics and automotive electronic module products.
The announcement states that Vietnam, as a rapidly developing emerging market economy, has a relatively good investment environment with clear advantages in terms of location, labor resources, and tax policies. In recent years, Vietnam has attracted a significant amount of capacity transfer in industries such as 3C and automotive electronics, leading to a thriving electronics industry with a continuously improving supporting industry chain and a growing electronics cluster. Upon completion of this project, the company's overseas production capacity for products will be significantly increased to meet the demands of overseas business expansion, better serve customers in Southeast Asia and the global market, enhance the company's competitiveness in the global market, optimize the company's global industrial layout, improve resource allocation efficiency, and increase the company's brand awareness and influence in the international market.
Related Articles

Huachu Securities: Shunfeng (06936) continues to lead in the volume growth rate in June, pay attention to investment opportunities in the express delivery sector under the "anti-inner loop" trend.

Guosen: How to make absolute return investments in a low interest rate environment?

Preview of new stocks in the US stock market | Industry anti-involvement helps to repair the fundamentals, how does New Subee Optoelectronics (XZ.US) break into the top tier of the industry?
Huachu Securities: Shunfeng (06936) continues to lead in the volume growth rate in June, pay attention to investment opportunities in the express delivery sector under the "anti-inner loop" trend.

Guosen: How to make absolute return investments in a low interest rate environment?

Preview of new stocks in the US stock market | Industry anti-involvement helps to repair the fundamentals, how does New Subee Optoelectronics (XZ.US) break into the top tier of the industry?

RECOMMEND

For the Third Consecutive Month, China Reduces U.S. Treasury Holdings by $900 Million in May, While Japan and the United Kingdom Increase Holdings
18/07/2025

Tariff-Driven Inflation Arrives with Delay as U.S. Consumers Begin to Feel the Initial Pinch
18/07/2025

Multiple Countries in High-Stakes Talks with the U.S.; EU Considers Invoking “Anti-Coercion Tool” as U.S. Plans Unified Tariffs on 150 Nations
18/07/2025