Oct 24, 2025 08:01 PM (GMT+8) · EqualOcean
On the evening of October 23, Anhui Shiny Electronic Technology Company Limited (英力股份, 300956.SZ) announced it will inject RMB 150 million of self-owned funds into its wholly owned Singapore subsidiary YINARA GROUP PTE. LTD. to invest in and establish Yinara Saudi Co., Ltd. (沙特英纳拉有限公司) in Saudi Arabia. The new entity will focus on R&D and manufacturing of server chassis, cabinets, cooling modules, and photovoltaic energy-storage systems. The company said the move will help diversify trade risks and enhance resilience. Currently, overseas revenue accounts for 72.69% of total revenue, and manufacturing bases have been deployed in the United States and Vietnam. The Saudi plant’s launch signals a further expansion of the company’s overseas manufacturing network.

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