On July 11th, the Thai subsidiary of Goodview's parent company, CVTE, officially opened in Bangkok, Thailand, marking another important step in CVTE's overseas market layout. With the opening of the first subsidiary in Southeast Asia, CVTE's service capabilities in the region have been further enhanced, enabling it to continuously meet the diverse, localized, and customized needs of customers in the region and help drive the digital development of industries such as commerce, education, and display.
Thailand is another country where CVTE has opened an overseas subsidiary after the United States, India, and the Netherlands. In addition, CVTE has established localized teams for products, marketing, and markets in 18 countries and regions including Australia, the Middle East, Southeast Asia, Japan and South Korea, and Latin America, serving customers in more than 140 countries and regions worldwide.
CVTE has actively promoted the digital transformation of education in various countries through technological and product innovation and has interacted frequently with relevant departments in Belt and Road countries to actively promote Chinese solutions for digital education and artificial intelligence education. The professionalism of MAXHUB, a brand under CVTE, in solutions for the commercial, educational, and display fields has attracted great attention from relevant parties in Thailand. Mr. Permsuk Sutchaphiwat, Deputy Minister and Permanent Secretary of the Ministry of Higher Education of Thailand, said during a previous visit to CVTE's Beijing Industrial Park that he looks forward to further strengthening cooperation between the two sides in Thailand and other places in the future, promoting the in-depth implementation of digital education solutions, jointly promoting cooperation and development in fields such as education and technology, and contributing more to the popularization of digital education.
Currently, in schools such as Wellington College International School and Nakhon Sawan Rajabhat University in Thailand, the overall smart classroom in MAXHUB's digital education solution has replaced traditional whiteboards and LCD projectors, enabling teachers to achieve digital lesson preparation and teaching and improve the quality of classroom teaching. It can also provide students with interesting interactive games and diverse learning methods to improve learning efficiency.
Under the brand globalization strategy, CVTE has continued to expand overseas and has reaped continuous benefits. According to the 2023 financial report, CVTE's overseas business grew significantly in the second half of 2023, with a year-on-year growth of 40.25%. In 2023, it achieved an annual revenue of 4.66 billion yuan in the overseas market, accounting for 23% of the company's total revenue. The operating income of terminal products such as interactive smart tablets in the overseas market reached 3.7 billion yuan. In terms of the overseas market share of IFPD, the company continues to lead and continuously consolidates its global leadership position in the field of interactive smart tablets, especially in the digitalization of education and enterprises, with strong competitiveness in the overseas market.
With the successful opening of the Thai subsidiary, CVTE will take this opportunity to actively integrate into the local community and make greater contributions to promoting friendship and economic and trade cooperation between the two sides. The Thai subsidiary will also bring new opportunities and achievements for the company's cooperation in Thailand.
Post time: Nov-06-2024
