Topang shares recently issued an announcement that the company decided to own funds to the wholly-owned subsidiary of Hong Kong Topang capital increase is not more than6000Ten thousand US dollars (equivalent to RMB about3.89100 million yuan), Hong Kong Topang will be separately to increase the capital of the capital does not exceed3000$10,000 to invest in and establish a company in Romania (" Romania Topon "), up to a maximum of $10,0003000$10,000 to invest and set up a company in Mexico (" Mexico Topon ").

Ring view:The reason why Topang Stock invests in overseas companies in other regions by increasing the capital of its Hong Kong subsidiary is that it can complete its strategic deployment faster and greatly improve its efficiency through the simple procedures and convenient access of funds through Hong Kong company. This investment is an important step for the company to carry out its strategic planning and further implement its global development strategy, which will enhance the overall competitiveness 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.