China Energy Storage Technology Development Ltd. Expands with New Subsidiary in Cambodia to Boost EMS Production
Reuters
Jul 23
China Energy Storage Technology Development Ltd. Expands with New Subsidiary in Cambodia to Boost EMS Production
China Energy Storage Technology Development Ltd. has announced its expansion into Cambodia with the establishment of a wholly-owned subsidiary, Telefield (Cambodia) Electronic Company Limited (TCE). This move is part of the company's strategy to leverage tax benefits under a Qualified Investment Project, facilitating the import of raw materials and machinery from China, and exporting Electronic Manufacturing Services $(EMS.AU)$ products to the US. TCE, with a registered capital of USD 1 million, plans to invest approximately USD 5 million over the next 12 months to set up production facilities. The company aims to commence mass production by the end of 2025, enhancing its customer base in the US market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Energy Storage Technology Development Ltd. published the original content used to generate this news brief on July 23, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.