PRINX CHENGSHAN (01809) subsidiary intends to purchase equipment for the Malaysia production base for 8695.8 million yuan.

date
23:11 30/04/2026
avatar
GMT Eight
Pulinsengshan (01809) announced that on April 30, 2026, the company's indirect wholly-owned subsidiary Pulin Malaysia entered into two purchase contracts with the seller (Qingdao Soft Control Electrical Engineering Co., Ltd.), whereby the seller agreed to sell and Pulin Malaysia agreed to purchase the equipment at a total price of 86.958 million RMB.
PRINX CHENGSHAN (01809) announced that on April 30, 2026, its indirect wholly-owned subsidiary Pu Lin Malaysia entered into two purchase contracts with the seller (Qingdao Softcontrol Electromechanical Engineering Co., Ltd.). Under these contracts, the seller agreed to sell and Pu Lin Malaysia agreed to purchase certain equipment at a total price of RMB 86.958 million. The equipment refers to the machinery and equipment purchased by Pu Lin Malaysia under the purchase contracts for use at the group's production base in Malaysia. As disclosed in the company's annual report for 2025, the company has started construction of a tire production base in Malaysia to expand its global business operations. The purchase of equipment under the current and previous purchase contracts marks an important step in implementing the group's business development plan and expanding its overseas production capacity in Malaysia.