Making sensor chips for complex devices such as robots and autonomous vehicles, as well as medical applications, means Newsight plugs into extensive and very sophisticated industrial networks. Israel is a good place for this; will your Infinity Capital tie-up help you gain greater access the thriving Greater Bay Area ecosystem?
All our investors are from [Mainland] China, usually [introduced] through Hong Kong-based companies. We have a very tight and warm relationship with our Chinese partners and Board members – Dr Likai Li [Chairman of Ennohub Technology], Mr Frank Chen, [Finance Director] of Infore group, Ms Claire Zhao, [Vice President of] Infinity Capital - they have visited us in Israel, and we used to come to the mainland almost every month before the COVID-19 pandemic. Besides the sub-companies we have today in Zhuhai and Shenzhen, we intend to establish one in Hong Kong too. Our partners in Hong Kong, corporate advisory firm ACH Worldwide led by Director Amanda Lim, are taking care of our investments and promoting our business.