Wanhe Electric announced that the company's board of directors reviewed and passed a bill to increase investment in the Thai production base. The total investment amount will be increased from 604 million yuan to 965 million yuan, with an additional investment amount of 361 million yuan. The capital is from own capital and self-financing. The additional investment is mainly used to build new plants, purchase production equipment, and expand supporting facilities. This increase in investment quotas still needs to be submitted to the shareholders' meeting for review and approval, and does not constitute a related transaction or major asset restructuring.

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