We developed the investment vehicle in mainland China through an Equity Joint Venture in order to obtain subsidies from the Chinese Government for the purchase of software and hardware produced by this company.
Similarly, the company’s intangible asset in China was protected through various registrations of copyrights and intellectual property rights, with clauses that limit the scope and duration of technology transfer. This ensures that when the joint venture in China ends, the assets remain solely under the ownership of the Colombian company.
