Zhitong Finance App News, Xinyin Electronics (301329.SZ) announced that the company plans to use its wholly-owned subsidiary Xinyin Technology (Hong Kong) Co., Ltd. (“Xinyin Technology”) as the investor to jointly invest 36 million baht with the company's chairman Yang Zhenggang and the company's director and general manager Lin Maoxian to establish Thai Sun Company and invest in the construction of a production base. This matter is conducive to improving the layout of the company's overseas production bases, establishing overseas product service supply capabilities, and better serving overseas customers.