Xizi Corporation (001332.SZ) plans to establish a subsidiary in Singapore to expand its overseas market.

Tencent Finance APP News, Xizhuang Stock (001332.SZ) announced that the company's board of directors has agreed to invest with its own funds to establish a wholly-owned subsidiary in Singapore, with a registered capital of $1,000 and an investment amount of $100,000. This external investment will help further expand overseas markets, improve the company's business layout, and better respond to the market demands of overseas customers.