Lianying Laser (688518.SH) plans to invest in the establishment of a subsidiary in Hungary.

Smart Finance APP News, 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 Hungary in Budapest, Hungary, with a total investment not exceeding 2 million US dollars. Establishing Lianying Hungary is of positive significance for expanding the company's international market share and enhancing its competitiveness.