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On December 4, Chaoying Electronics made an announcement stating that, in a bid to bolster its production capacity and capitalize on scale advantages, the company is set to inject US$100 million (or an equivalent sum in foreign currency) into its indirectly wholly-owned subsidiary, Chaoying Thailand. This capital infusion will be facilitated through Chaoying Investment, another wholly-owned subsidiary, utilizing either the company's own funds or those raised independently. The funds are earmarked for an expansion project focused on high-end printed circuit boards tailored for AI computing applications. Post-capital increase, Chaoying Electronics will maintain full ownership (100% stake) of Chaoying Thailand, with the holding structure comprising Chaoying Investment and Chaoying Seychelles.
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