Hengtong Marches Into India Market And Put Forward A Big Movement, The Internationalization Layout Accelerated It’s Force

Recently, Hengtong Optic-Electric announced that the 6th Session of 33^rd Board of Directors Meeting was held on December 4, 2017 by telecommunication voting way. The meeting passed bill of "Plan of Invest in the Construction of India Optical Fiber & Cable Factory Matters".

According to the announcement, Hengtong Optic-Electric and its wholly owned subsidiary Aberdare Europe Holdings Limited (hereinafter referred to as "Aberdare Europe") in India will jointly invest in the construction of fiber optic cable factory, with the new company’s registered capital reached to 20 million U.S. dollars. Hengtong Optic-Electric invests 1 million dollars in currency, accounting for the new company’s funded ratio of 5%, the Aberdare Europe invests 19 million dollars in currency, accounting for 95% of the proportion of new company.

Doing business by looking at the map of the world, walking out of the door along "The Belt and Road" , Hengtong’s international layout in recent years is accelerating. Hengtong has created 7 R & D industry bases overseas, and set up marketing technology service branches in more than 30 countries and regions on the globe. Hengtong has registered overseas trademarks in 119 countries and regions, with its services covering more than 130 countries and regions. Hengtong fiber network products accounted for 15% of the global market, winning the speaking right for China in the global field of Optical fiber Internet.

In the future prosperity will be based on the "Three-two" (international and domestic 2 markets, international and domestic 2 resources, international and domestic 2 capitals), accelerate the "four transformation" (from the R&D enterprise into innovative enterprise, from the product supplier to the full value chain integration service provider, from manufacturing enterprise to the platform service-oriented enterprise, from local enterprise to international enterprise), continue accelerating global operations and industrial layout, marching to become of the international first-class enterprise.