米奥会展：拟5100万元设立控股子公司

Core Viewpoint - The company, Miao Exhibition (300795.SZ), is establishing a joint venture with PanexWD International Limited to enhance its international market presence and support Chinese brands in global expansion through supply chain management solutions [1] Group 1: Joint Venture Details - The company plans to invest RMB 51 million, holding a 51% stake in the newly formed joint venture, which will have a registered capital of RMB 100 million [1] - The joint venture will be a subsidiary of the company and will be included in its consolidated financial statements [1] Group 2: Business Focus and Strategy - The joint venture aims to address supply chain challenges faced by Chinese brands entering international markets by leveraging innovative business models and digital technologies [1] - It will provide a comprehensive solution that includes exhibition customer acquisition, overseas warehousing, local distribution, and supply chain finance, thereby reducing overall costs and improving operational efficiency for clients [1] - The target market includes Chinese manufacturers with their own brands looking to expand internationally, small overseas distributors seeking quality Chinese products, and cross-border e-commerce sellers needing standardized supply chain services [1]