[seizing Industrial opportunities Lithium Enterprises frequently "falling son" overseas FYF)-- Yiwei LiNeng announced on the evening of 12 May that Yiwei Malaysia, a wholly owned grandson company, signed a memorandum of understanding with PKL, intending to purchase target land from PKL and set up a lithium battery manufacturing plant in Malaysia. Since the beginning of this year, Chinese lithium power enterprises have "gone out to sea" frequently, and a number of enterprises have announced the establishment of subsidiaries and the layout of production capacity in Europe and Southeast Asia. Industry insiders said that localized production can be closer to customers and seize the opportunity for the rapid development of the industry. It is worth noting that a number of companies have suggested risks. Pu Tailai said that the overseas market is different from the domestic in terms of policy system, business environment and cultural characteristics, and the project may face many challenges in the future operation process. Haopeng Technology said that there is a risk of uncertainty in the investment to set up subsidiaries in Vietnam. (China Securities News)