Business
Lichen China Limited Expands Presence in International Markets
XIAMEN, China, March 14, 2024 /PRNewswire/ -- Lichen China Limited (the "Company" or "Lichen China")(NASDAQ:LICN), a dedicated financial and taxation service
About this update from Lichen International Limited
[{"type":"text","content":"XIAMEN, China, March 14, 2024 /PRNewswire/ -- Lichen China Limited (the \"Company\" or \"Lichen China\")(NASDAQ:LICN), a dedicated financial and taxation service provider in China, today announced its expansion into international markets. Lichen China established its subsidiary in Singapore (\"Lichen Singapore\") in December 2023 and has now officially started operations.\n\nMr. Li Ya, Chairman of Lichen China, stated, \"In the initial phase of Lichen China's internationalization strategy, we will focus on Singapore, gradually introducing top international talents from the industry, and expanding our reach into Southeast Asia, continuously expanding our overseas footprint. The Company has appointed Robert Bodenstein, Chair of the International Council of Management Consulting Institutes (ICMCI), as its new independent director, as the first step. Over the past few years, as the Company has deepened its collaborations with numerous large enterprises and multinational corporations, we have increasingly felt the potential of international business. Moving forward, the company will focus on building global delivery capabilities, enhancing solution capabilities, and fostering partnerships within our ecosystem. Recently, the Company has entered into an agreement with the Singa-Sino Economic & Cultural Exchange Association, an association dedicated to studying the historical and current exchange of economic and cultural interactions between China and Singapore, becoming an important member of the association, jointly providing convenient financial, taxation, enterprise management, and informatization services to its members. The establishment of Lichen Singapore is a crucial step in the Company's internationalization strategy. The company will fully utilize its superior financial system and geographical location to obtain more opportunities and competitive advantages, and serve as a valuable resource for Chinese companies expanding globally and international firms investing in China.\"\nAbout Lichen China Limited \nLichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its \"Lichen\" brand. In recognition of the Company's expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has...