According to the Zhitong Finance APP, RC (300596.SZ) announced that the company plans to establish a wholly-owned subsidiary in Singapore and, through the Singapore subsidiary, set up a wholly-owned company in Malaysia. The Malaysian company will serve as the project entity to invest in the construction of a research and development production base. The Malaysian research and development production base will be used for the research and production of polymer material anti-aging additives, lubricant functional additives, and other products. The total investment amount will not exceed USD 300 million (including the principal or equivalent in other currencies), including but not limited to purchasing land, constructing the Malaysian research and development production base, and other related matters. The actual investment amount will be subject to the final approval amount by the competent authority