Noah Innovation Technology Group (NOAH) saw its stock soar 5.27% in Wednesday's trading session following the announcement of its strategic expansion into Indonesia. The company has officially established a local subsidiary named PT NOAH INDONESIA SEJAHTERA, marking a significant step in its Asian expansion strategy.
The move into Indonesia, the world's largest Muslim country with a population exceeding 280 million, aligns with Noah's mission of "bringing an extraordinary future to ordinary people." The company aims to leverage its AI-based quantitative trading system to help users achieve stable and sustainable growth in the digital economy. Indonesia serves as the starting point for Noah's "Global Prosperity Strategy," which holds great significance for the company's vision.
Michael Thompson, the founder of Noah Group, emphasized the company's goal: "We want to build a ship of the future for society before the economic storm comes. Technology is just a tool; the real goal is to change destinies." The new Indonesian subsidiary will play crucial roles in user support, system optimization in local languages, compliance management, and education and training. These efforts are expected to lay a strong foundation for NOAH's expansion in Southeast Asia and provide low-cost, transparent, and sustainable smart investment solutions to the Indonesian market.
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