GENIAL INDUSTRIAL GROUP INC.
To serve the company's business needs in North America, with strong support of corporate GIG in China, the first sourcing center constructed in Shanghai was recently put into operation.
The facility is located in China's largest commercial and shipping center - Shanghai, in addition to a more than 2,000 square feet office space and nearly 10,000 square feet of professional warehouse, it also attracted an experienced procurement team. Its establishment will greatly shorten the supply chain lead-time, forming a solid support for our goal of market development in North America.
Procurement center is invested by the US subsidiary, its business development, personnel designation, financial/accounting and detailed operations will report directly to the US Company. Administrative operation will be managed by China in accordance with local laws applicable.
