Exploring the Chinese Taiwan market, Jiangfeng Electronics plans to establish Taiwan Jiangfeng

On the 1st of August, Jiangfeng Electronics issued an announcement, the company's wholly-owned subsidiary KFMI JAPAN Co., Ltd. (hereinafter referred to as 'KFMI JAPAN'), and Haifeng Co., Ltd., which is planned to invest with Ms. Zhuang Peiling (tentative name, The local competent authority approved the cooperation and jointly set up Taiwan Jiangfeng Electronic Materials Co., Ltd. in Taiwan (temporary name, subject to the approval of the local competent authority, hereinafter referred to as 'Taiwan Jiangfeng').

According to the disclosure, Taiwan's Jiangfeng registered capital of 550,000 US dollars, KFMI JAPAN holds 65% of the shares, Haifeng Co., Ltd. holds 35% of the shares. The company's proposed business scope is: electronic materials wholesale industry, computer and transactional machinery and equipment wholesale industry , Information Software Wholesale, Telecommunications Equipment Wholesale, Mold Wholesale, Precision Instruments Wholesale, Electronic Materials Retail, Computer and Transactional Machine Equipment Retail, Consulting Software Retail, Telecommunications Equipment Retail, Product Design.

Jiangfeng Electronics said that the establishment of the holding company in this foreign investment is to further develop the market in Taiwan, give full play to the company's technological advantages, service advantages and quality advantages, increase the construction of the company's marketing network system, and promote the internationalization of products and services. Process, thereby enhancing the company's market competitiveness and improving the company's overall profitability.

However, it should be pointed out that there are some differences between the laws, policy systems, business environment and the mainland of Taiwan, and there are certain uncertainties in Taiwan's market changes and industry competition. Regional differences and uncertainties. Will bring a certain degree of risk to the operation and management of the holding company.

It is reported that Jiangfeng Electronics intends to set up a grandson company in Taiwan, China, and it still needs to be approved by the foreign exchange administration department, the competent commercial department and other relevant state departments. At the same time, it must obtain the approval of the Investment Review Committee of the Ministry of Economic Affairs of Taiwan.

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