Kunshan TopA Intelligent Equipment (300836.SZ) plans to establish a subsidiary in Vietnam with an investment of 3 million US dollars.

Kunshan TopA Intelligent Equipment (300836.SZ) announced that the company plans to invest 3 million US dollars through its wholly-owned subsidiary Singapore BaiAo to establish a wholly-owned subsidiary in Vietnam, called BaiAo Vietnam. The business scope of this subsidiary is planned to include the development and design of intelligent equipment and software and hardware, installation and debugging, sales, processing and sales of related parts and accessories, as well as import and export of goods and technology. This foreign investment aims to leverage high-quality industrial resources and scientific research capabilities to promote the company's innovation in intelligent technology and product iteration, deepen the market layout of AI high-speed cables and backplane connectors, and continuously enhance the company's core competitiveness. At the same time, relying on the company's technological innovation and design capabilities, it aims to establish an international cooperation industrial system.