Borui Data (688229.SH) plans to invest in establishing Borui Data (Malaysia) Technology Co., Ltd.

China Fortune Financial APP News, Borui Data (688229.SH) announced that, based on the need to expand into the Southeast Asian market, the company plans to invest in Malaysia through its Hong Kong subsidiary "Borui Data (Hong Kong) Technology Limited" (referred to as "Hong Kong Subsidiary"). The company will establish a subsidiary named "Borui Data (Malaysia) Technology Limited (BONREE DATA TECH SDN.BHD.)" with a total foreign investment amount not exceeding $1 million USD, funded by the company's own funds. The above name is subject to approval by the local registration authority.