[Chan Shun Net] Announcement by Subsidiary Xiamen Cansun Industrial Co., Ltd. Regarding Board Resolution to Invest in and Establish a Subsidiary
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Chan Shun Net's subsidiary, Xiamen Cansun Industrial Co., Ltd., announced its board's resolution to invest RMB 50 million (approximately TWD 230 million) to establish a new subsidiary, Xiamen Cansun Investment Co., Ltd. (tentative name). This strategic move aims for business development and expansion within the Chinese market.