Nasdaq rebranded as "Bentu Technology", Chairman Wang Dongying: Planned to continue to increase investment in research and development in the next 3-5 years.
From merging with Elite Alliance to selling the asset in a desperate bid for survival, Nasda accomplished a strategic transformation in a span of ten years. "After being sanctioned by the United States, overseas high-end markets and clients have been significantly affected, and operational risks and fluctuations have increased noticeably. Selling Elite Alliance, divesting from heavily indebted and complex overseas M&A assets, can significantly reduce financial risks and operational pressures, greatly improving cash flow and asset quality." Recently, Wang Dongying, Chairman of Nasda, stated in an interview with Southern Finance and Economics reporters that selling Elite Alliance and focusing on BenTu is a strategic turning point for the company to shift from external M&A expansion to internal autonomous growth, as well as a comprehensive optimization and focus on operational and asset structure. At this point, BenTu has become the only independent brand in the printer industry, bidding farewell to the state of parallel brands and dispersed resources, fully focusing on the domestic independent printing track, achieving high concentration of strategy, resources, and management, improving the efficiency of technology development and brand investment, and ensuring complete autonomy and control over core technology and product lines.
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