Chenguang Biotechnology Group Co., Ltd. recently held the 39th meeting of the fourth Board of directors, the meeting deliberated on the establishment of a subsidiary motion. Corporate decision to contribute10Ten thousand US dollars in Hong Kong to establish a new wholly-owned subsidiary, to develop pepper extract, lutein extract and other plant extract products, semi-finished products business. After deliberation and approval by the board of directors, the Preparatory Group actively carried out its work and recently completed the registration procedures of its subsidiary in Hong Kong.

Ring view:This investment is in line with the company's business strategy and development needs, and is conducive to relying on Hong Kong's regional advantages, effectively strengthening international cooperation and overseas business development, and has a positive impact on the long-term development and strategic layout of the company.

CycloseThe company focuses on providing corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.