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Decril who’s the manufacturer of cable chain over 30 years in France is now our new partner in France market with CPS product. When CPS attended Lyon Industrie 2017 last April, Decril and CPS met for the first time in the show. After the show, Decril visited CPS factory located in Busan, Korea again in May to see CPS factory and sign the contract to be our new distributor in France and finally signed the contract by 2020. Both parties reached the agreement with detail conditions after several meetings that they were focusing on establishing much profit each other during the period. As Decril has lots of knowledge about cable chain and very good technicians, they will promote well our Product effectively in France. We also believe that it’s good news for not only current European distributor, but also potential European distributors since we expect that European customers will be familiar with CPS product and brand more. It will be helpful to improve our brand power and market share to the European market. |
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