Spindex Industries Unveils New China Subsidiary

Spindex Industries Limited (SG:564) has released an update.

Spindex Industries Limited has expanded its operations by establishing Nantong Wanwei Intelligent Technology Co., Ltd, a fully owned subsidiary in China, with a focus on the R&D, manufacturing, and sales of automation equipment. The new subsidiary, boasting a registered capital of USD 12 million, marks a significant step in the company’s growth strategy.

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