Ten Pao Joined New Discussion Forum: Trend of Hong Kong Electrical Appliance Industries in Emerging
Ten Pao is honored to participate events of electronics industry, promote the industry growth and enhance the interaction with people in the industry. During the Spring Electronics Fair, Ten Pao was invited to join the forum “Trend of Hong Kong Electrical Appliance Industries in Emerging Markets” held by Hong Kong Electrical Appliance Industries Association.
Mr. Benny Tse, Vice President, Chief Financial Officer and Company Secretary of Ten Pao Group Holdings Limited was a guest speaker for the forum. He shared the experience of setting up Hungary factory and discussed about the development of ASEAN countries. There were other guest speakers, including Mr. Ronald Fung, Vice-President of Hong Kong Electrical Appliance Industries Association, Mr. Sam Chan, Managing Director of Express Luck Industrial Limited, Mr. Dickson Ho, Principal Economist (Asian and Emerging Markets) at HKTDC.
Mr. Benny Tse was sharing the experience of setting up Hungary factory.
The forum was about the development of ASEAN countries. During the discussion, Mr. Benny Tse shared to us about the experience of setting up Hungary factory, such as the reasons for setting up the factory, local government support, registration procedures and so on.
Taking Hungary as one of our production bases is to provide superior services to our clients. There were several factors including tariff, labor cost and policy support are the factors that attracting Ten Pao to set up the factory. For the sales strategy in Hungary, Ten Pao is committed to invest more resources in R&D, strengthen the connection with clients, and capture more market share in the industry.
The Group will closely monitor the development of the market and its business and deploy its strategies flexibly. At the same time, the Group will continue to invest more resources in R&D to offer our customers with more advanced technology solutions. We will also step up efforts to enrich our product mix to meet the ever-changing needs of the market.
Mr. Benny Tse received the souvenir.
A group photo of Mr. Benny Tse, guest speakers and organizers was taken after the forum.