Wuxi Chemical Equipment (001332.SZ) plans to establish a subsidiary in South Korea to expand its overseas market.

17:37 16/12/2025

Tin Packaging Co., Ltd. (001332.SZ) announced that the company's board of directors has approved the establishment of a wholly-owned subsidiary, WCE CO., LTD., in South Korea with an investment of not more than $100,000 using its own funds. The management team is authorized to handle the specific matters related to the establishment of the South Korean wholly-owned subsidiary. This move will be beneficial for the company to further expand into overseas markets and enhance its business layout.

Wuxi Chemical Equipment (001332.SZ) announced that the board of directors has approved the establishment of a wholly-owned subsidiary, WCE CO., LTD., in South Korea with an investment amount not exceeding 100,000 USD from the company's own funds. The management team is authorized to handle the specific details of setting up the subsidiary. This move will benefit in further expanding into overseas markets and improving the company's business layout.

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