Hello, this is CTNS.
From May 7th to 9th, CTNS participated in the Annual Investment Meeting (AIM) Congress 2024, the largest investment forum in the Middle East, held at the Abu Dhabi National Exhibition Centre in the United Arab Emirates under the auspices of the UAE government.
AIM Congress 2024
AIM Congress 2024, sponsored by the UAE Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development (ADDED), is often referred to as the Davos Forum of the Middle East. The event was themed "Adapting to a Changing Global Investment Environment: Leveraging New Potentials for Global Economic Development."
With attendees from 175 countries worldwide, including dignitaries such as UAE President Mohammed bin Zayed Al Nahyan, AIM Congress 2024 brought together global sovereign wealth funds, institutional investors, and entrepreneurs. Major investment institutions from the Middle East, including the Abu Dhabi Investment Authority and the Dubai Investment Authority, were also in attendance.
Increased Investment and Collaboration Inquiries Compared to Last Year
We conducted a company introduction and presented various business models for CTNS during the startup pitching session on the 8th. Following the IR pitching, there were inquiries about our current overseas expansion status and future plans. Local interest in secondary battery packs, which are gaining attention as a new growth business, was exceptionally high.
As the UAE shows interest in attracting overseas ventures with global competitiveness and research and development capabilities in areas such as smart cities, renewable energy, and fintech, investments are diversifying beyond global corporations to include Korean startups like CTNS. We believe this heightened interest is indicative of the potential our company holds.
On-site Reactions at the Exhibition Booth
Both during our IR presentation and at our booth, we received significant attention from investors and stakeholders. Visitors, including investment firms and state-owned enterprises from Middle Eastern countries, inquired about local market entry, with a particular focus on our ESS infrastructure and LINK-B solutions. There was considerable interest in investment and establishing local factories.
Amidst even greater interest than last year, we successfully concluded the event. CTNS is currently planning to enter not only the US market but also the Middle East market. Through this AIM event, we observed various countries striving to attract key industries to their respective nations amidst the flow of the global pandemic and rapidly changing international dynamics.
We will continue to enhance product quality and service standards, actively pursue product development and innovation, and strive to meet the needs of more customers globally. Thank you.
Hello, this is CTNS.
From May 7th to 9th, CTNS participated in the Annual Investment Meeting (AIM) Congress 2024, the largest investment forum in the Middle East, held at the Abu Dhabi National Exhibition Centre in the United Arab Emirates under the auspices of the UAE government.
AIM Congress 2024, sponsored by the UAE Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development (ADDED), is often referred to as the Davos Forum of the Middle East. The event was themed "Adapting to a Changing Global Investment Environment: Leveraging New Potentials for Global Economic Development."
With attendees from 175 countries worldwide, including dignitaries such as UAE President Mohammed bin Zayed Al Nahyan, AIM Congress 2024 brought together global sovereign wealth funds, institutional investors, and entrepreneurs. Major investment institutions from the Middle East, including the Abu Dhabi Investment Authority and the Dubai Investment Authority, were also in attendance.
We conducted a company introduction and presented various business models for CTNS during the startup pitching session on the 8th. Following the IR pitching, there were inquiries about our current overseas expansion status and future plans. Local interest in secondary battery packs, which are gaining attention as a new growth business, was exceptionally high.
As the UAE shows interest in attracting overseas ventures with global competitiveness and research and development capabilities in areas such as smart cities, renewable energy, and fintech, investments are diversifying beyond global corporations to include Korean startups like CTNS. We believe this heightened interest is indicative of the potential our company holds.
Both during our IR presentation and at our booth, we received significant attention from investors and stakeholders. Visitors, including investment firms and state-owned enterprises from Middle Eastern countries, inquired about local market entry, with a particular focus on our ESS infrastructure and LINK-B solutions. There was considerable interest in investment and establishing local factories.
Amidst even greater interest than last year, we successfully concluded the event. CTNS is currently planning to enter not only the US market but also the Middle East market. Through this AIM event, we observed various countries striving to attract key industries to their respective nations amidst the flow of the global pandemic and rapidly changing international dynamics.
We will continue to enhance product quality and service standards, actively pursue product development and innovation, and strive to meet the needs of more customers globally. Thank you.