On August 6, Ningbo Samsung Electric Co., Ltd. issued an announcement to set up a wholly-owned subsidiary in Hong Kong.
Announcement: It is proposed to establish a wholly-owned subsidiary in Hong Kong Special Administrative Region (hereinafter referred to as "Hong Kong subsidiary") with its own funds, with a total investment not exceeding 10 million US dollars. It is mainly engaged in the procurement of spare parts, sales of overseas products and related industries. Investment, mergers and acquisitions, establishment of factories, etc. (Name and scope of business are subject to final registration).
Ningbo Samsung Electric Co., Ltd. is a holding subsidiary of Oaks Group. Since its inception, the “Samsung†brand has been developed together with China’s power metering business. It has now become a professional manufacturer of well-known electric energy metering products in China, and the market scale is among the domestic ones. Leading position and world leading level.
Announcement: It is proposed to establish a wholly-owned subsidiary in Hong Kong Special Administrative Region (hereinafter referred to as "Hong Kong subsidiary") with its own funds, with a total investment not exceeding 10 million US dollars. It is mainly engaged in the procurement of spare parts, sales of overseas products and related industries. Investment, mergers and acquisitions, establishment of factories, etc. (Name and scope of business are subject to final registration).
Ningbo Samsung Electric Co., Ltd. is a holding subsidiary of Oaks Group. Since its inception, the “Samsung†brand has been developed together with China’s power metering business. It has now become a professional manufacturer of well-known electric energy metering products in China, and the market scale is among the domestic ones. Leading position and world leading level.
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