Exciting news from Brazil! A new communication optical cable production base in Minas Gerais, Brazil, invested by YOFC BRASIL CABOS E SOLUCOES LTDA (hereinafter referred to as "YOFC Brasil"), a wholly-owned subsidiary of YOFC, was put into operation on September 19, 2023.
The inspiring inauguration ceremony was witnessed by YOFC's top executives, Dr. Zhuang Dan, Executive Director and President of YOFC, Mr. Jan. Bongaerts and Ms. Zhou Lijing, Senior Vice Presidents of YOFC. What's more, it was our great honor to have Mr. Tian Min, Consul General of China in Rio de Janeiro, to deliver a video address, and Mr. Thomas Warrener, Assistant Governor of Minas Gerais Government, Otto Fernandes Solino, Director of ANATEL Laboratory, Colonel José Dimas da Silva Fonseca, Mayor of Pouso Alegre, Guo Yinghui, Chief Representative of the China Council for the Promotion of International Trade (CCPIT) Representative Office in Brazil and Secretary-General of Brazil-China Chamber of Commerce and other guests to celebrate the significant milestone in our international journey.
This year marks the 30th anniversary of the establishment of the strategic partnership between China and Brazil. YOFC's production base in Brazil signifies a good example of the in-depth cooperation between the two countries in scientific and technological innovation, digital economy, and other areas, which echoes fast-evolving global technological development.
The move is expected to benefit local people by enabling access to more reliable and stable communication experience
with our superior products solutions, and more significantly, inject impetus into Brazil's technology development and foster technological cooperation for the two countries.
With the mission of "Smart Link Better Life", YOFC will, as always, stick to its internationalization strategy. It will continue to optimize the production capacity of optical fibre and cable in key areas to capture the market opportunities, and then, put the company's international business on a sustainable trajectory.