Shousail Power recently announced that the company plans to invest in the establishment of a wholly-owned subsidiary Shousail Power Hong Kong Co., LTD., the registered address for the Queen of Hong Kong Dadong183Sign and center54(the name, registered address and business scope of the company to be established shall be subject to the registration approved by the local administrative authority), and the registered capital shall be HK $10,000.00In Hong Kong dollars, including Hong Kong dollars contributed by the company10,000Yuan, accounting for the registered capital100%, the company intends to invest no more than HK $100,000Yuan.

Ring view:This Shousail power to set up a wholly-owned subsidiary is a decision made from the perspective of long-term development. The establishment of the Hong Kong company will expand the overseas business market for the company, expand market share, further optimize the company's strategic layout, enhance the company's profitability, and comprehensively improve the company's comprehensive competitiveness, which has positive significance for the company's development.

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.