Han's CNC (301200) has revealed its strategic move to set up a subsidiary in Malaysia, utilizing its wholly-owned Hong Kong entity as the vehicle. The company plans to channel an investment of no more than US$180 million into a project dedicated to the production, research and development, and provision of ancillary services for PCB-specific equipment. Once the project attains its full production capacity, it is anticipated to yield an annual output of 400 units (or sets) of high-end PCB-specific equipment. The board of directors has already given the green light to this proposal, and the project feasibility analysis report has been meticulously prepared. The company will now proceed with the subsequent approval procedures.