Zhejiang Huaye: Investing no more than 180,000 Singapore dollars to establish a subsidiary in Singapore.

Zhejiang Huayi Announcement: The company held a board meeting on April 21, 2026, and approved the proposal to invest in establishing a wholly-owned subsidiary in Singapore. The new company will be named Hauyer Plastics Machinery Pte. Ltd., with a registered capital of 100,000 Singapore dollars and a total investment amount not exceeding 1.8 million Singapore dollars or equivalent currency. The investment is aimed at expanding the Southeast Asian market and enhancing the company's brand influence in the international plastic machinery supporting field. The new company will serve as a trade and operations center radiating the Southeast Asian region, mainly targeting end users in the Southeast Asian plastic products industry, providing sales, technical support, and after-sales service for core components such as injection machine screws and barrels.