In order to open up overseas territory and layout the ASEAN market, the board of directors of Sanfuhua (4755) Announcement Division passed the investment case in Vietnam. The company is 100% directly invested in the establishment of a Vietnamese subsidiary (VinaSanfu Gas Corporation/VinaSanfu Materials Corporation) and is expected to invest $18.39 million in its own funds.

Sanfuhua's precision chemistry business is dominated by four major industries: IC Semiconductor, LCD, LED, and Green Energy. Optimistic about Vietnam's industrial demand, Sanfuhua has planned to copy the gas business experience, and cooperate with local manufacturers to set up a gas business in Vietnam.

In response to the rise of China's panel factory, Sanfuhua will continue to use Sanfuming to cut into the new supply chain of China's major panel manufacturers. In addition, with the trend of environmental protection regulations, the demand for chemical waste liquid recycling will increase significantly, which will help the developer recycling business to climb steadily.