Ropeskin: Plans to invest up to $6 million to establish a subsidiary in Vietnam.

Loopskin Announcement: It is planned to establish a wholly-owned subsidiary in Vietnam through its wholly-owned subsidiary in Singapore, with an investment amount not exceeding 6 million US dollars. The actual investment amount is subject to approval by the Chinese and local authorities. The registered address of the Vietnamese subsidiary is in Xing'an Province, Vietnam, with a registered capital of 6 million US dollars. Its business scope includes manufacturing of metal materials, manufacturing and processing of doors and windows, and import and export of goods. This investment is conducive to the company's expansion into overseas markets, enhancing its overseas product supply and service capabilities, and aligns with the company's long-term development strategy.