Henglin shares: plans to invest $48 million in Vietnam manufacturing base
Investment in the construction of office and civilian furniture production bases.
Henglin (603661) announced that the company's wholly-owned subsidiary, Meijia Investment, plans to set up a wholly-owned subsidiary in Vietnam for US$48 million to invest in the construction of office and civilian furniture production bases. This is in line with the national “One Belt, One Road” strategic direction, which is conducive to avoiding the risk of international trade friction and is conducive to the full exploitation of the international market.
（Source: JJgle.com）
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