On September 26th, 万和电气 (002543.SZ) accepted a specific object investigation regarding the 'layout of overseas manufacturing bases?' The company stated that according to the overall company planning, the Thai factory is planned based on the demand of the North American market, mainly for producing gas ovens and kitchen electric products. The designed production capacity of gas ovens is 0.9 million units per year. The factory is divided into two phases for construction and the production equipment is divided into three phases for implementation. Phase one of the Thai factory is already in operation, and the construction of phase two has begun. The Egypt factory was officially founded in January 2024 and is expected to start production next year. It will mainly produce water heaters and their components, with the main market being Egypt and radiating to the African region.