Lijun Co., Ltd.: Plans to establish subsidiaries in Hong Kong and Peru through a wholly-owned subsidiary in Singapore, with a total investment of no more than $3 million.

Lijun Co., Ltd. announced that the company plans to use its own funds to establish two wholly-owned secondary subsidiaries in Hong Kong through its wholly-owned subsidiary Lijun Holdings in Singapore. Additionally, these newly established Hong Kong subsidiaries will invest in Peru to set up one wholly-owned tertiary subsidiary, with a total investment not exceeding $3 million. This investment aims to expand the company’s main business of grinding systems and supporting equipment manufacturing into the international market, accelerate overseas investment management, and increase market share abroad. The funding for the investment will come from the company’s own funds and will not have a significant impact on this year’s production and operational results.

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