EXCLUSIVE: Ideal Power Tells Benzinga Co. Announces Distribution Agreement With Sekorm Advanced Technology For The Distribution Of Co's Products In China
Portfolio Pulse from Benzinga Newsdesk
Ideal Power has announced a distribution agreement with Sekorm Advanced Technology to distribute its products in China. This move is expected to expand Ideal Power's market reach in the Chinese market.
September 23, 2024 | 1:12 pm
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Ideal Power has entered into a distribution agreement with Sekorm Advanced Technology to distribute its products in China, potentially expanding its market reach.
The distribution agreement with Sekorm Advanced Technology is a strategic move for Ideal Power to enter the Chinese market, which could lead to increased sales and revenue. This is likely to have a positive impact on the stock price in the short term as it opens up new market opportunities.
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