Gwangyang FEZ Authority Holds Investment Consultation with Global Company TWS

Headquarters in Guangzhou, China, with Branches in Europe and the United States
Discussion on Business Plans, Administrative and Site Support Measures

The Gwangyang Bay Area Free Economic Zone Authority (headed by Koo Chungon, hereinafter referred to as the Gwangyang FEZ Authority) announced that on November 3, it held an investment consultation with the Korea branch of TWS, a global company in the Chinese energy storage system (ESS) sector.

This meeting was a follow-up discussion after the Gwangyang FEZ Authority's direct visit to the TWS headquarters in Guangzhou, Guangdong Province, China, in September. It was arranged to discuss the future investment schedule, specific business plans, as well as administrative and site support measures.

On the 3rd, the Gwangyang Bay Area Free Economic Zone Authority held an investment consultation with Moon Geoncheol, the Korean Branch Manager of TWS, a global company in the Chinese energy storage system (ESS) sector, at the head of office. Provided by Gwangyang Free Economic Zone Authority

TWS is a global company with branches in major regions such as Europe and the United States. It is one of the top 500 companies in Guangdong Province, specializing in the production of battery management systems (BMS), batteries for home appliances, and ESS.

Moon Geoncheol, Head of the Korea Branch of TWS, who visited the Gwangyang FEZ Authority on this day, stated, "The headquarters in China plans to make an investment in the Gwangyang Bay Area as part of its global market strategic deployment. We request the active cooperation of the Gwangyang FEZ Authority in this matter."

In response, Koo Chungon, Head of the Gwangyang FEZ Authority, said, "We hope that TWS, which possesses advanced technology in the ESS sector in Guangdong Province, China, will grow into a global company by investing in our region. We plan to provide swift responses and proactive administrative support so that you feel confident in your investment decision."

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