Zhongyuan Home recently announced that the company intends to set up a subsidiary, Zhongyuan Mexico Co., LTD. (the specific name shall be subject to the approval of the registration), through the joint investment of its wholly-owned subsidiary, Zhongyuan International Investment (Hong Kong) Limited (hereinafter referred to as "Zhongyuan International Investment (Hong Kong) Limited (hereinafter referred to as" Hong Kong Kaimao ") and Hong Kong Kaimao International Trading Co., LTD. Hereinafter referred to as the "Mexico Subsidiary"), to invest in the construction of the production base of Zhongyuan Household in Mexico. Amount to be invested in the project 2,000 Ten thousand dollars, the investment construction progress will be adjusted according to the production and operation situation. The Mexican subsidiary will be fully responsible for the project construction and operation management of the production base in Mexico.
Ring view:The investment of Zhongyuan household is to speed up production, research and development, the global layout of the market, effectively avoid international trade barriers, further improve the strategic development of the company layout, better service company customers, expand overseas markets, help to constantly improve the competitiveness of the company in the domestic and foreign market competition.
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