Zhaomin Technology (301000.SZ) announced that, to optimize production capacity and global layout, and to meet the overseas supply chain demands of customers in downstream sectors such as new energy vehicles and embodied intelligent robots, the company plans to establish a new production base for automotive parts and high-end precision components in Chonburi, Thailand, through its wholly-owned subsidiary. The total investment will not exceed 217 million yuan or its equivalent in foreign currency.
