On February 16th, Jassway hosted a distribution conference with esteemed Thai dealers at the Grand Richmond Hotel. The purpose of the conference was to communicate the business regulations specific to Thailand and to officially announce the planned registration of Jassway Thailand company in 2024. Rest assured that this strategic move will enable Jassway to achieve optimal distribution and provide unparalleled support to our valued dealers. Additionally, we will be increasing our inventory in order to better support local dealers.
The esteemed Chief Executive Officer of Jassway Thailand, Mr. Ekachai, recently elucidated the strategic business policy with regard to managing the dealers and fostering mutual support for the growth of our enterprise.
Our Business Development Director, Justin Lu, delivered a comprehensive presentation on Jassway China's strategic vision for the next three years. This included an overview of our cutting-edge innovative systems and global image. In addition, Justin shared essential market intelligence garnered from thorough research of the competition in China's industrial sector. This information allowed our partners to better appreciate the nuances of product quality and materials selection. Overall, the presentation was a great success and will undoubtedly inform our future business decisions.
Moreover, Jassway is pleased to announce various new designs for the Thai market over the next two years, including Galia and Apus. These new models have received highly positive feedback at the event for their innovative, elegant designs, as well as their reasonable pricing in comparison to other reputable brands in the market. We assure you that quality and reliability remain our utmost priority.
We are extremely grateful to all the dealers who joined us at this event and took the time to understand Jassway's current position. We are delighted to have this opportunity to work closely together and believe that our combined efforts will lead to great success in 2024.