AISEDA (002403.SZ) plans to invest no more than 150 million yuan in Vietnam to build projects related to kitchenware, small home appliances, and industrial robots.

Intelligent Financial News App, Aisida (002403.SZ) announced that the company plans to invest in the construction of modern cookware, small household appliances, industrial robots research and development, production, and synchronous construction of corresponding marketing networks in the Vietnam region. The company plans to establish a subsidiary in Vietnam through its wholly-owned subsidiary Aisida (Hong Kong) Limited (referred to as "Hong Kong Aisida"), as the implementing entity and invest in the construction of cookware, small household appliances, and industrial robots projects. The total investment for the project is not expected to exceed 150 million yuan (approximately 20.8452 million US dollars). The investment will mainly be used for establishing overseas subsidiaries, renting factory buildings, constructing production lines and supporting facilities, and other related matters.