Dongxin Peace (002017.SZ) issued an announcement to further promote the company's business internationalization strategy and actively expand the sea...
Zhitong Finance App News, Dongxin Peace (002017.SZ) announced that in order to further promote the company's business internationalization strategy and actively expand overseas business, the company plans to use its own capital and Dongxin Peace (Singapore) Co., Ltd. (hereinafter referred to as “Singapore Company”) to jointly invest 1 million US dollars in Indonesia to establish a subsidiary Dongxin Peace (Indonesia) Co., Ltd. (tentative name, based on the name finally registered and approved by the relevant local authorities, hereinafter referred to as “Indonesian Company”).
The purpose of establishing an Indonesian company this time is based on good expectations for business growth in the Indonesian market; the main purpose is to improve Indonesia's localized service capabilities, increase local market competitiveness in Indonesia, and further expand smart card and digital identity security services in the Indonesian market. This investment is in line with the company's international strategy and business development needs, is conducive to increasing the Indonesian market share, and will have a positive impact on the company's long-term development and corporate efficiency.