Magna Marque International Inc (Magna) (www.magnamarque.com) is a Canadian based company specialises in design, develop and manufacture electric propulsion systems for bicycles. Their BionX brand name has quickly become synonymous with intelligent mobility, technology leadership, highest product quality and reliable customer service in the market for premium electric bicycles. They are the only company in the industry providing complete and proven solutions to bicycle manufacturers and to consumers through our retrofit kits. With the China’s mature market conditions of electrical vehicles, Magna management decides to set up a Wholly Owned Foreign-invested Enterprise (WOFE) in Suzhou in China to gain local market share and use local low-cost labor for manufacturing and assembling.
NTC provides them with legal documents support to satisfy the requirements from local authorities for their company setup in Suzhou Industrial Park. Their Project Application Report (Feasibility Study) and company Article of Association were designed and compiled by NTC based on several profound meetings and view exchanges with their Canadian management team. |