KeywordsUS market bigger new product US market bigger new product
Nine health Care (002432) bulletin, in order to meet the United States market expansion of the demand, while trying to open up foreign markets with its own brands in order to achieve greater profit margins, the company intends to invest 8 million U.S. dollars in cash, the United States to set up a wholly owned subsidiary Nine Health Care USA Co. The Company believes that the United States market is the company's efforts in recent years to develop an important export market, and in recent years, sales growth rapidly, sales revenue, profitability climbed. As the company develops new blood pressure products for use on Apple products next year, the U.S. market will become a more important export market for the company. In order to increase the company's new product promotion, to strive for greater profitability, to promote the company's long-term development in overseas markets, decided to set up a wholly owned subsidiary.
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