[Baotong Technology: plans to set up a Thai subsidiary no more than 630 million yuan] June 2, Baotong Technology announced that the company is actively carrying out overseas layout and plans to invest in setting up a Thai subsidiary. The scope of business is the production, manufacture, sales and service of high-performance digital conveyor belts. The amount of investment planned for this time will not exceed 630 million yuan (or equivalent Thai baht).