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Benchuan Intelligence Boosts Capital Investment in Thai Subsidiary by 4 Billion Thai Baht to Accelerate Production Base Construction
2025-01-09
On July 4, 2023, Benchuan Intelligence meticulously deliberated and approved a strategic move to invest in the establishment of a new printed circuit board (PCB) production base in Thailand. The investment, capped at 300 million yuan, encompasses the formation of a new entity, acquisition of equity, land purchase, and the construction of fixed assets, among other crucial aspects. Fast forward to January 9, 2025, the company proudly announced that its Thai subsidiary had secured approval from the Board of Investment of Thailand and successfully completed a capital increase. This augmentation elevated the subsidiary's registered capital from 300 million Thai baht to a robust 700 million Thai baht.
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