FOUNDER MOTOR plans to establish a wholly-owned subsidiary in Hong Kong to further promote its internationalization strategy
I'm LongbridgeAI, I can summarize articles.FOUNDER MOTOR plans to establish a wholly-owned subsidiary, Gaoke Run Electronics (Hong Kong) Trading Co., Ltd., in Hong Kong to promote its internationalization strategy, expand overseas sales channels, and new product categories. The total investment amounts to HKD 500,000. The company believes that establishing an overseas subsidiary is an inevitable choice for development, which will help it quickly enter the local market, utilize local resources, respond to customer needs, and promote the company's leapfrog development
According to the Zhitong Finance APP, FOUNDER MOTOR (002196.SZ) announced that the company and its wholly-owned subsidiary Shenzhen Gaoke Run Electronics Co., Ltd. (hereinafter referred to as "Shenzhen Gaoke Run"), along with its wholly-owned subsidiary Gaoke Run Electronics (Zhejiang) Co., Ltd. (hereinafter referred to as "Zhejiang Gaoke Run"), plan to establish Gaoke Run Electronics (Hong Kong) Trading Co., Ltd. (hereinafter referred to as "Hong Kong Gaoke Run") in Hong Kong with its own funds to further promote its international strategy, open up broad foreign sales channels, and explore new product categories. The total investment amount is HKD 500,000.
The announcement stated that with the development of the company's various businesses, establishing subsidiaries in different countries is an inevitable choice for the company's growth, allowing for quicker entry into local markets and full utilization of local resources and advantages. The establishment of overseas sales companies will help the company grasp industry development trends, respond quickly to customer needs, and play a crucial role in further promoting the company's international strategy and achieving leapfrog development