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Posted On: 11/05/2021 10:02:16 AM
Post# of 15422
$SINC has entered into a definitive agreement to have its worlds R&D & production center in the China-Israel Changzhou Innovation Centre.
The 5800 m2 facility is expected to have 20 ventilation film production lines and one R&D center. The production facility itself represents 12 million USD worth of equipment investment, which will be built and commissioned by SINC over the next 2 years.
Changzhou Local Authorities welcomes SINC with following Gov support policies,
3-year free land & office lease
3-year Company Income Tax Exemption
1-year high executive (3ppl) personal tax exemptioN
https://www.otcmarkets.com/stock/SINC/news/Si...?id=326253
The 5800 m2 facility is expected to have 20 ventilation film production lines and one R&D center. The production facility itself represents 12 million USD worth of equipment investment, which will be built and commissioned by SINC over the next 2 years.
Changzhou Local Authorities welcomes SINC with following Gov support policies,
3-year free land & office lease
3-year Company Income Tax Exemption
1-year high executive (3ppl) personal tax exemptioN
https://www.otcmarkets.com/stock/SINC/news/Si...?id=326253
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