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Latest News

29

2024

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05

Valence Holdings has received approval from the Shanghai Municipal Commission of Commerce.


Valence Adhesive Materials (Shanghai) Co., Ltd. received approval from the Shanghai Municipal Commission of Commerce on May 29, 2024, to be recognized as a foreign-invested R&D center. This recognition will help Huwei in obtaining more policy support in the R&D field, enhancing its technological innovation capabilities, and potentially enjoying related tax incentives and policy benefits.

The recognition of a foreign-invested R&D center typically signifies that a company possesses strong capabilities in technological R&D, innovation, and internationalization, enabling it to attract more high-end talent and resources, thereby further promoting the company's technological upgrades and market competitiveness.
This progress holds positive significance for Huwei's future development, particularly in technological innovation and market expansion within the adhesive materials field.

Valence Holdings has received approval from the Shanghai Municipal Commission of Commerce.


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