Hai'an Group: Establish a wholly-owned subsidiary in Hong Kong using its own funds not exceeding $50 million

Hai’an Group Announcement: The company will hold the 19th meeting of the second board of directors on February 9, 2026, to review and approve the use of its own funds not exceeding $50 million to establish a wholly-owned subsidiary, Hai’an International Holdings (Hong Kong) Limited, in Hong Kong. This investment aims to optimize global resource allocation, expand overseas markets and financing channels, introduce advanced international technology and management experience, and enhance the company’s long-term competitiveness and shareholder returns.

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