Guangdong Depuu, founded in 2001, is a key supplier of fiber optic connectors of three major Operators in China and has more than 800 skilled workers and senior technical engineers. In 2021, in order to greatly enhance our competitiveness, Depuu negotiated with the local government of Hunan Province and successively obtained a series of policy support to reduce manufacturing costs. And our factory was relocated to Hengyang City of Hunan Province in 2021,which won numerous strategic advantages for Depuu's next development.

5 advantages of Depuu:

1. Rent advantage: Hunan local government provides 100,000 square meters of plant for Depuu to use free of charge, which saves about 200,000 dollars per  month compared with the plant rent in Guangdong and Ningbo.

2. Labor cost advantage: Hunan is a major labor export province in China. Compared with Guangdong and Ningbo, the same working hours, the wages of Hunan workers is more than 30% lower. Especially it has a huge cost advantage for labor-intensive connector products like Depuu.

3. Tax advantage: The tax levied by the Chinese government for each enterprise is 13% product value-added tax and 25% enterprise income tax, while the local government of Hunan province will give our company a 50% tax refund policy.

4. Advantage of government subsidies: In order to encourage enterprises to earn foreign exchange through export, local governments also give enterprises subsidies of about $1 million for various projects every year.

5. Team advantage:All the backbone members of Depuu are shareholders. They are united, dedicated and professional. They are good at putting themselves in the customer's shoes and providing services that exceed customer expectations.