Zhaomin Technology (301000.SZ) plans to invest in building a production base for automotive components and high-end precision parts in Thailand.

Zhtng Cijng APP news, Zhao Min Technology (301000.SZ) announced that, in order to optimize the company's production capacity and global layout, and to meet the overseas localization supply chain demands of downstream customers in the new energy vehicle and embodied intelligent robot fields, the company plans to invest in the construction of a new automotive parts and high-end precision parts production base in Chumphon Province, Thailand through its wholly-owned subsidiary. The total investment for this project will not exceed 217 million yuan.