Lianying Laser (688518.SH) plans to invest in setting up a subsidiary in Hong Kong.

The Zhitong Finance APP News reported that Lianying Laser (688518.SH) announced that, in order to effectively expand overseas markets, further enhance international competitiveness, promote the gradual implementation of the company's long-term strategic planning, the company plans to invest in setting up Lianying in Hong Kong, with a total investment not exceeding 20 million RMB. The establishment of Lianying in Hong Kong is of positive significance for expanding the company's international market share and enhancing its competitiveness.