Yotrio Group (002489.SZ) plans to invest in Indonesia to establish a subsidiary company.

Yotrio Group (002489.SZ) announced that recently, its subsidiary Singapore Yongqiang and MWH GmbH (referred to as "German Yongqiang", a wholly-owned subsidiary of Hong Kong Yongqiang) jointly invested in establishing a new company in Indonesia. This company will mainly focus on overseas capacity investment and construction related to the company's main business, as well as international trade. This investment decision is based on the company's overall development strategy and is beneficial for enhancing the company's overall competitiveness, promoting its sustained and healthy development. It will not have a significant adverse impact on the company's operations or financial situation, and there is no situation that would harm the interests of the company and all shareholders. After the establishment of the aforementioned subsidiary, its operating situation will be included in the company's consolidated financial statements.