Fengmao Co., Ltd. announced that its wholly-owned subsidiary Fengmao Industrial Holdings Co., Ltd. plans to establish a wholly-owned subsidiary in Malaysia and invest in the construction of a production base, with a total investment of no more than RMB 150 million or the equivalent in US dollars. The investment aims to expand overseas markets and enhance the company's international competitiveness.
丰茂股份:拟在马来西亚投资不超过1.5亿建设生产基地
Fengmao Group plans to invest no more than 150 million to construct a production base in Malaysia.
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