Abison (300389) January 7th evening announcement said the company recently in Arabia United Arab Emirates direct investment to set up a wholly-owned subsidiary of Abison East Free Zones Corporation, the company registered capital of about $280 thousand (about 1 million 739 thousand and 500 yuan).
Abison said that the subsidiary will become the company to develop the Middle East market window, to promote exchanges and cooperation with the international Middle East market, timely access to the latest information on the international market in the Middle East, improve the company's competitiveness of enterprises in the international market in the middle east.
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