Symax Lift Holding Co Ltd Announces Incorporation Of New Subsidiary

Symax Lift Holding Co Ltd announced that it has incorporated a new subsidiary, Symax Stairlift Co., Ltd., under the British Columbia Business Corporations Act. This new subsidiary has been incorporated for the purpose of designing and manufacturing, directly or indirectly through Symax affiliates, chairlift technology and related products for installation on stairs to assist individuals with mobility limitations to move between floors (the Chairlift Technology), and other elevator products or components as desired by the Company; worldwide marketing and selling, directly or through Symax affiliates, of Chairlift Technology products (Chairlift Technology Related Products) and other elevator products or components as desired by the Company, and; providing after-sales services to global markets, directly or through Symax affiliates, with respect to the Chairlift Technology Related Products and any other elevator products or components as desired by the Company.