Wuxi Best Precision Machinery to Invest Up to $45M in Thai Subsidiary

Telah Terbit: Jan 15, 2026 19:57

Simpan

On January 13, Wuxi Best Precision Machinery Co., Ltd. announced that it plans to use its own funds to make an additional investment in its Thai subsidiary, Best Yonghua New Technology Co., Ltd. (Thailand), through its wholly-owned Singapore subsidiary, Best Yonghua Technology Co., Ltd. (Singapore). The investment amount shall not exceed $45 million (approximately 315 million yuan based on the market exchange rate on January 13, 2026). This additional investment will be specifically used for the Thai subsidiary's daily operational support, the construction of the second-phase factory, and the procurement of equipment and facilities, to further advance the implementation of the company's internationalization strategy. Best stated that this additional investment is an important decision based on the company's international development strategy and in response to customer demands. This move will further expand production scale, enhance existing capacity, enable the company to better meet the needs of regional customers, ensure supply chain stability, and continuously strengthen its core competitiveness in the international market, playing a positive role in promoting the sustained development of its main business.

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