Xidian Xineng (603312.SH) plans to establish overseas subsidiaries and subsidiaries and build a production base in Thailand.

Zhichuan Finance News APP, Xidian New Energy (603312.SH) announced that, according to the company's overall strategic plan, in order to further improve the company's global strategic layout, rapidly promote the development of overseas business, and quickly respond to customer needs, the company plans to establish a wholly-owned subsidiary "West Deane New Power (HK) Holding Ltd." in Hong Kong, set up a wholly-owned subsidiary "West Deane New Power (HK) International Trading Ltd." in Hong Kong, and establish a subsidiary "West Deane New Power (SG) Investment Pte. Ltd." in Singapore. The Hong Kong subsidiary and the Singapore subsidiary will each invest 10% and 90% to establish a subsidiary "West Deane New Power (Thailand) Industrial Co., Ltd." in Thailand, ultimately investing in and constructing a production base in Thailand.