Core Viewpoint - Baicheng Taxation has established its first wholly-owned subsidiary in Central Asia, marking a significant step for the Chinese tax service industry in enhancing overseas comprehensive service systems [1] Group 1: Company Establishment - The subsidiary was established in Kazakhstan following the completion of overseas investment filing and licensing procedures with domestic development and commerce departments [1] - It is the first tax firm from China to set up a physical branch in Kazakhstan [1] Group 2: Business Operations - The Baicheng Central Asia office is located in the CBD of Almaty and will serve five Central Asian countries and other Russian-speaking regions [1] - The team consists of several professionals fluent in Russian and experienced in the tax practices of multiple Central Asian countries [1] Group 3: Client Engagement - The office aims to provide specialized and localized financial and tax compliance services to Chinese enterprises venturing abroad [1] - Partnerships have been established with several Chinese companies, including Fufeng Group, Shandong Electric Power Construction No. 1 Company, and Shenghua Group, to support clients in the Russian-speaking market [1] Group 4: Future Plans - Baicheng Taxation plans to use the Central Asia office as a base to deepen research on policies and markets in Russian-speaking regions [1] - The company aims to strengthen cross-border talent development and international cooperation mechanisms to provide systematic and localized professional support for the long-term stable development of Chinese enterprises in Central Asia [1]