SDIC: Together with its wholly-owned subsidiary SDIC Jiangsu, it invested in Thailand to set up SDIC New Materials (Thailand) Co., Ltd., with a total investment amount of $500,000.

Stike Announcement: To meet the needs of the company’s overseas business development, the company and its wholly-owned subsidiary Stike New Materials (Jiangsu) Co., Ltd. jointly invested in establishing Stike New Materials (Thailand) Co., Ltd. in Thailand. The total investment in this project is USD 500k, with the company contributing USD 450k (90%) from its own funds; Stike Jiangsu contributing USD 50k (10%) from its own funds.

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