News summary

[Siquan Xincai: Plans to establish Vietnam Sun Company and invest in building a cooling product project] Securities Times e Company Newskkjilicom, Siquan New Materials (301489) announced on the evening of May 15 that it plans to establish a wholly-owned grandson company Vietnam Siquan New Materials Co., Ltd. through its wholly-owned subsidiary Hong Kong Siquan New Materials Co., Ltd. and invest inkkjilicom...

kkjilicom| Siquan Xincai: It is planned to establish Vietnam Sun Company and invest in building a heat dissipation product project

Newsletter text

[Siquan New Materials: It plans to establish Vietnam Sun Company and invest in building a cooling product project] Securities Times e Company News, Siquan New Materials (301489) announced on the evening of May 15 that it plans to invest through its wholly-owned subsidiary Hong Kong Siquan New Materials Co., Ltd. to establish a wholly-owned grandson company Vietnam Siquan New Materials Co., Ltd. and invest in building a cooling product project, with a total planned investment of US$35 million.