INTELLIMARK AI (08041) announced that its subsidiary, Shanghai Intellimark AI Technology Co., Ltd., has been formally established in the Shanghai Lingang New Area of mainland China. Consequently, the group's headquarters for its micro-dot graphic code business has been relocated from Nanjing to Shanghai. The Shanghai subsidiary will focus on the sales and development of anti-counterfeiting and traceability technology products utilizing micro-dot graphic codes.
As a significant component of the China (Shanghai) Pilot Free Trade Zone, the Shanghai Lingang New Area offers unparalleled advantages as an international platform. The Shanghai subsidiary is expected to qualify for preferential government policies applicable to advanced technology enterprises operating within the Shanghai Lingang New Area. It will also gain more convenient access to establish partnerships with international platforms such as the Shanghai Technology Exchange, leveraging their mature infrastructure and efficient channels in areas like cross-border technology transactions and digital asset services.
This strategic move is anticipated to significantly enhance the operational efficiency, technological integration, and service responsiveness of the Shanghai subsidiary in the global marketplace. The subsidiary is committed to deeply integrating into the innovation ecosystem, precisely capturing the developmental benefits unleashed by institutional innovation, and injecting strong momentum into its R&D and business expansion within the micro-dot graphic code anti-counterfeiting and traceability technology sector.
Moving forward, the group will fully leverage the locational policies and advantages of the Shanghai Lingang New Area to accelerate the pace of technological innovation and actively expand into both domestic and international markets. The group is dedicated to providing global customers with high-quality, reliable products and solutions to consolidate and enhance its leading position in its specialized field, while simultaneously creating greater value for its shareholders.