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Overseas development information

──Apr 14 , 2021Yunnan Baiyao plans to set up a Hong Kong subsidiary through its subsidiaries

Yunnan Baiyao recently announced that in order to further promote the internationalization of Yunnan Baiyao Group Co., LTD., strengthen overseas control(ginseng)Share the company's management, establish the company's overseas resources integration mechanism, better improve the company's strategic layout, the company plans to be wholly owned subsidiary Yunnan Baiyao Group(Hainan)Limited company with its own funds1Ten thousand Hong Kong dollars in Hong Kong investment set up a wholly-owned company - Yunnan Baiyao(Hong Kong)Limited company.

Ring view:First, Hong Kong is a gathering place of international capital, so it is easier to find international strategic partners. Second, Hong Kong maintains good cooperative relations with many overseas countries, so it is easier to acquire some overseas high-quality medical resources. Third: Hong Kong financing cost is low, the annual interest rate is about2%-3%To reduce the company's financial expenses. It can be seen that the registration of Hong Kong companies has become the choice of more and more private enterprises, listed companies and large state-owned enterprises, which is conducive to promoting the overall long-term development goals of the company.

Yunnan Baiyao plans to set up a Hong Kong subsidiary through its subsidiaries

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.

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