shares: to invest in Thailand's 7 million kitchen appliance factory project with an annual output of US $50 million

Shanghai Stock Exchange China Securities Network News (reporter Confucius Yuan) according to the share announcement, the company intends to invest in the construction of Thailand's annual output of 7 million sets of kitchen appliances factory project, the total investment is expected to be 50 million U.S. dollars, mainly for air fryer, coffee machine and other new category of small household appliances manufacturing in the future. In accordance with the requirements of the local authorities in Thailand for overseas investment, the Company increased the capital of Thailand's Fuhaoda through Hong Kong Fuyi and Singapore's Lidatong by US $10 million, which was included in the registered capital of Thailand Fuhaoda.