Weifeng Electronics: Plans to use up to $10 million in additional investment to expand production base in Thailand.

Weifeng Electronics announced that it plans to use no more than 10 million US dollars to invest in the expansion of its production base in Thailand. According to the actual construction and operation needs of its subsidiary Weikang Electronics Co., Ltd., the company plans to use its own funds of no more than 10 million US dollars to make additional investments in Weikang in Thailand, for the construction of the second-phase factory building, dormitories, purchase of fixed assets, and other related matters.