On January 7, Sichuan Changhong announced a board resolution stating that its subsidiary, Guangdong Changhong Electronics, will invest RMB 29.18 million (excluding tax) of self-raised funds to establish a TV production facility in Tijuana, Mexico. The overseas investment is part of Changhong’s internationalisation strategy and aims to enhance the subsidiary’s production capacity and responsiveness in overseas markets, further expanding its global operations.