Dalip Holdings (01921) issued an announcement. The board of directors approved a plan for the future strategic development of the Middle East. The plan is being established...
Zhitong Finance App News, Dalipu Holdings (01921) issued an announcement. The board of directors approved plans for future strategic development in the Middle East, planning to establish a Middle East regional headquarters, R&D center, smart factory and data control center, etc., to further improve the company's future long-term strategy in the Middle East, achieve important directions such as serving first-class customers in the world energy sector and developing international markets in the Middle East, Africa, Europe and the United States.
The finalization of the Middle East strategic development plan marks a step forward in expanding the company's business in the international market. The Board considers that:
1. The Middle East is an important partner in China's “Belt and Road Initiative”, and development in the Middle East is in line with China's national policy. The Middle East is a global hub connecting the three continents of Asia, Europe and Africa. Strategic development in the Middle East is conducive to obtaining local policy and financing support.
2. The Middle East has the highest oil production and reserves in the world. There is considerable market demand for special petroleum pipes and hydrogen pipelines. The Middle East is rich in natural energy resources, has an absolute advantage in developing green hydrogen energy, and has huge potential demand for hydrogen gas pipelines. Establishing production facilities in the Middle East can better grasp the market demand for products in the Middle East and North Africa.
3. The company built production facilities in the Middle East, which helps the company to better serve local customers, provide customers with tailor-made products and services, further enhance the company's international brand building, and facilitate the expansion of the company's products in the international market.