Century Holdings (002641.SZ) plans to build a production base in Vietnam to meet overseas order demands.

Zhtng Cijng APP News, In the announcement of Public Year Co., Ltd. (002641.SZ), the company has used its own funds to invest in Singapore and establish a wholly-owned subsidiary, Su Yuan International, and has established a wholly-owned subsidiary in Vietnam, Vietnam Public Year, with the Singapore subsidiary as the investment subject to set up a production base in Vietnam. Among them, the registered capital of Su Yuan International is 10,000 Singapore dollars; the registered capital of Vietnam Public Year is 49.67 billion Vietnamese dong (approximately 2 million US dollars), and the total investment in the Vietnam production base is 175.335 billion Vietnamese dong (approximately 7.06 million US dollars).