In 2019, despite the political turmoil in Mexico and the economic decline, it still cannot stop the Mexican people's enthusiasm for solar photovoltaic. This is the second time that Runda has participated in an energy show in Mexico. Thanks to the good location of the exhibition, there is a continuous flow of customers, and they have held in-depth discussions with the top five local agents at the scene, which is expected to reach a long-term strategic cooperation agreement.
Europe is the main market of Runda, and the annual Intersolar exhibition is a must. This exhibition has our local partners stand together, attracting many local customers for us. This year, the Runda European warehouse was set up in the Netherlands to support small-volume spot purchases in Europe, which is more convenient to serve local small EPC customers.
Although Ukraine is participating for the first time, this time it is with our Polish agent and it is strategically cooperating with Afiore inverters. The effect of the exhibition was an unexpected surprise, and the long-term cooperation letter of intent was signed directly with the local EPCs in Ukraine and Poland. This has laid a good foundation for our development in Eastern Europe.
This is the first time that Runda has entered the Mexican market, but it also really felt the enthusiasm of the Mexican people for photovoltaics, which also increased our confidence in the local market. Compared with Brazil, Mexico's customs policy is more relaxed, and prices and payment methods are more satisfactory. Runda people are confident to expand this market!
For the Thai market, we are already very familiar with the installed capacity of as many as a dozen MW out of Thailand every year, which is very rare in identifying the Thai market of tier One. This shows that Thai customers recognize the quality of Runda components. We hit the iron while we are hot, develop more high-quality customers in the Thai market, and expand Runda's brand influence.
The Brazilian people ’s love for photovoltaics is just like their love for football. It is really the feeling of the whole people participating in the photovoltaic industry. In order to enter the Brazilian market, Runda carried out Inmetro certification on the hot-selling component models in advance of the Brazilian customs' customs clearance policy, and found a suitable experienced agent to help customers with customs clearance.
This is the first time that Runda has participated in an energy exhibition in South Korea. South Korea is also a market to be reckoned with, and its installed capacity is increasing. Runda seized the trend of the times and successfully opened the door of the Korean market with the help of local agents.
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