Wuhu Hongyu Digital Technology Co., Ltd.

Wuhu Hongyu Digital Technology Co., Ltd. is a wholly-owned subsidiary of Timco Group. It was registered in 2022 with a registered capital of 5 million YUAN and 110 employees. It is specialized in online and offline transaction of fastener export of Timco Group.Timco Group is an enterprise specializing in high-end fastener production and development. Its main export markets are hardware supermarkets in Europe, North America and Australia, providing comprehensive OEM supporting services for brands in these regions, with annual sales of 150 million RMB, of which 80% are exported.After the establishment of Hongyu Company, it will use the marketing mode of cross-border e-commerce, continue to explore the international market through online and offline transactions, expand foreign trade export, and realize the transformation of marketing mode. It will launch Timco self-branded products through hongyu company's e-commerce platform, and realize the transformation from OEM sales to self-branded sales.