Boway Alloy Material announcement, the company plans to invest in building a production base in Vietnam, with an investment amount of 0.15 billion US dollars, equivalent to approximately 1.078 billion yuan. The company will establish a wholly-owned subsidiary, Boway Alloy Material Strip Co., Ltd., as the implementing entity. This investment aims to accelerate the internationalization process, meet the needs of international industry leaders, and establish overseas manufacturing bases. The registered capital is 0.11 billion US dollars, equivalent to approximately 0.79 billion yuan. This investment is in line with the company's global strategy and helps enhance international operation capabilities.