On March 27-29, 2024, the Russia Spring International Home Appliance Exhibition HOUSEHOLD EXPO was held at the Ruby International Exhibition Center in Moscow, Russia. The trade volume between China and Russia has exceeded the 100 billion US dollars mark for three consecutive years, and is expected to surpass Brazil to become China's eighth largest trading partner. It is worth mentioning that many brands from Europe, America and other countries have announced their withdrawal from Russia. The withdrawal of these brands undoubtedly gives Chinese brands a huge opportunity, which is expected to increase the export of Chinese goods to Russia and continue to increase the trade volume between the two countries. Simple Technology seized this golden opportunity and participated in this highly anticipated event, reaching out to major buyers in the global industry and expanding our international business at full speed.
Foshan Simple Technology Co., Ltd. was founded in 2010, is a research and development, production and sales as one of the LCD TV and video speaker professional manufacturers, the company has standardized production management, professional research and development technology, high-quality sales and service team. With high standard technical support and customer first service purpose, constantly meet customer needs, continue to provide high-quality products to meet the market demand, with novel style, good quality, reasonable price and well received by the majority of customers.
As the world's largest manufacturing country and largest trading country, China is fully capable of supplying almost all the industrial equipment and consumer goods it needs to Russia. With China's strong support, it can be expected that the Russian economy will quickly recover after a brief downturn, and sanctions from Europe and America will not be sustainable.
The 2024 Moscow Spring International Household Products Expo has successfully concluded, and the Simple Technology booth is bustling with activity. The products have received unanimous praise from numerous exhibitors and visitors. Simple Technology has always hoped to make breakthroughs in difficult situations: opening up new fields and exploring new paths. We have been actively considering expanding into foreign markets to seek broader development opportunities.