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At the beginning of 2019, the international development strategy of China Bester Group was formally established and implemented. According to the company’s deployment, it was the first to set up an international company in Hong Kong, and then set up 6 overseas branches in Hong Kong, the Philippines, Malaysia, Thailand, Saudi Arabia, and South Africa. The internationalization strategy was steadily advancing, and the overseas business developed rapidly. The wheel drive is prominent.

During the overseas campaign for most of the year, the management system and teams of the 6 overseas branches of China Bester Group have been initially established. The localization of marketing, delivery, and human resources has achieved initial results, and the group's overseas business has gradually become standardized and large-scale. Breakthroughs have been made in the international market:

In May of this year, Saudi Arabia signed a broadband project with DAWIYAT Telecom. Up to now, it has received about 50 million RMB orders, and the project delivery is progressing well. The ITC broadband project, the Ministry of Interior tower project, the Nokia 5G installation project, and the ZTE project are all progressing smoothly.

The Philippine company has won an order of about 25 million yuan for the Globe Telecom tower project, and the STK experimental site project is about to be delivered; the Ericsson tower supply and construction project has received a total of about 15 million yuan for the order, and the delivery progress is good; the Converge fiber-to-home project has won the first batch of orders worth about 13 million RMB, the project is in the preparation stage for implementation.

There is also good news from the South Africa company. The SADV FTTH project is in the final contract signing stage. The first phase of the framework contract is about 90 million yuan. At present, the owner has issued the first batch of orders with a value of about 45 million yuan. The Metro Fiber-to-the-home project We are also actively following up and negotiating.

On October 25th, Bester Telecom Hong Kong Limited formally completed the acquisition of 51% equity of Hong Kong Ploywin Company. After the completion of the acquisition, the two parties will work together to expand network construction and informatization business in Hong Kong.

The Thai company data center project, the iron tower construction project, the optical cable entry project and the Malaysian company iron tower construction project are actively following up and negotiating...

In the face of severe international competition, China Bester Group has continued to forge ahead in the international market, and its international market share has achieved a change from nothing to something, and it is forming a good momentum of full expansion. China Bester will follow the development trend of the international market, accelerate the all-round internationalization of business, technology, talents, management, brand, and service, comprehensively improve international business volume and profitability, and continue to improve product standardization, overall solution solutions and project implementation to lay a solid foundation for welcoming a broader and richer market.