Zhitong Financial App News, SIS INT'L (00529) announced that the Group's main subsidiary, SiS Distribution (Thailand) Public Company Limited (SIS), listed on the Stock Exchange of Thailand, stock code: SIS), announced as an investor that its board of directors has approved in principle the purchase of SiS Technologies Vietnam Limited Liability Company (Xinlong Vietnam) Invest by issuing additional new shares. The total cost is US$800,000 (equivalent to approximately HK$6.24 million) (investment).

Xinlong Vietnam was established in Vietnam on July 31, 2026 with a registered capital of 5.2 billion VND. The company is currently not in business and will be engaged in the distribution of IT products and related services in the future.

It is expected that after completing the subscription and related registration procedures in Vietnam on December 30, 2026, Xinlong Thailand will hold 80% of Xinlong Vietnam's shares. Investing in Xinlong Vietnam is an important step in implementing the Group's strategy. It aims to expand the customer base, increase IT related services and distribution business opportunities in overseas markets, and enhance business growth at the international level.

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