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Overseas development information

──Mar 25 , 2021Zhongwei Shares to invest in the establishment of Hong Kong subsidiary

Based on the overall development plan and international development strategy layout of Zhongwei New Materials Co., LTD., in order to better enhance the company's ability to expand overseas markets, the company is in2021 years3month22The 13th meeting of the first Board of directors was held on January 13, deliberating and approving the Motion on the Company's investment in the establishment of a Hong Kong subsidiary and agreeing that the company would invest its own capital 1,000 Hk $10,000 to establish a wholly-owned subsidiary in Hong Kong.

Basic information about the establishment of subsidiaries:

1.Company name: Zhongwei Hong Kong New Energy Technology Co., LTD

2.English name:Zoomwe Hong Kong New Energy Technology Co., Limited

3.Business Scope: overseas market development, product sales, import and export trade, investment, technology research and development and promotion (subject to final registration).

Ring view:Hong Kong is an important international financial center and trading center in the world. As a link between the Chinese mainland and the international market, Hong Kong enjoys distinct advantages in policy, culture and human resources. The company's establishment of a subsidiary in Hong Kong makes full use of regional advantages and conforms to the company's strategic planning. As a window for the company's future investment in the international market and external contact, the subsidiary in Hong Kong can strengthen the company's communication and cooperation with the international market, provide an effective channel for the company's overseas business and accelerate the realization of the company's strategic goal of business internationalization.

Zhongwei Shares to invest in the establishment of Hong Kong subsidiary

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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