For international expansion, we will continue to consider both franchise (FC) expansion and direct investments such as M&A and joint ventures (JV).

Specifically, we will consider M&A in cases where competitors have secured excellent installation sites overseas.

In Western countries, unlike Asia where QR code payments are mainstream, card tap payments are more common. Ezycharge’s battery stands support tap payments.

As we enter the Western markets, we believe this stand has provided us with valuable insights.

Moving forward, we will continue to increase our knowledge of local customs and practices, considering M&A, JV establishment, and, in some cases, direct operations.