Xiang Piao Piao plans to invest 268 million yuan to build a liquid ready-to-drink beverage production base in Thailand.

Xiang Piao Piao announced that its wholly-owned subsidiary, Xiang Piao Piao Sichuan, plans to establish a wholly-owned subsidiary, SENPURE FOOD PTE. LTD., in Singapore and to invest in the company with 10% and 90% of its own funds. In addition, they plan to establish a subsidiary, YONGMIGUO FOODS CO., LTD., in Thailand, ultimately investing in and building a liquid ready-to-drink beverage production base in Thailand. The total investment amount for the project is 38 million US dollars, equivalent to approximately 268 million yuan. Construction is expected to begin on May 1, 2026, with a construction period of 12 months, and an expected investment return rate of 13%. This investment is subject to relevant approvals and uncertainties.