Shanghai Turbo Enterprises Ltd. (SG:AWM) has released an update.
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Shanghai Turbo Enterprises Ltd. is set to reinforce its strategic position by investing RMB 6 million into its subsidiary, Sichuan 3D New Power Technology Co., Ltd., aiming to enhance competitiveness and meet growing business demands. The investment will enable the company to better manage procurement, processing costs, and maintain closer customer relationships. This move aligns with China’s industrial policies and Sichuan Province’s long-term development plans, indicating a strategic expansion in the high-tech power technology sector.
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