China Railway Emergency: The company has set up a store in Hwaseong, South Korea, and is currently in the stage of equipment laying, which is expected to generate revenue in 2024

Some investors asked questions on the investor interactive platform: Hello Dong Secretary! How is the company's leasing project in Korea progressing? Why are you planning to enter Korea?

China Railway Emergency (603300.SH) said on the investor interactive platform on May 14 that the company has set up a store in Hwaseong, South Korea, and is currently in the stage of equipment laying, which is expected to generate income in 2024. The company is optimistic about the development potential of overseas business in the long term, and the Korean market is the first step in internationalization. The overseas market development plan includes mature markets such as South Korea, Japan, Europe and the United States, as well as emerging markets such as Southeast Asia and the Middle East with huge potential and growth space. The good credit mechanism and usage habits in mature overseas markets will more effectively promote the rapid landing of leasing business, and the business strategy with established customers and partners as the core will help achieve efficient output and market expansion.