On October 25, 2019, the Yangon Branch Factory of Mynice Optoelectronics Co.,Ltd officially commenced operations in Myanmar. Benefiting from the tax incentives offered by the Myanmar government, as well as the low labor costs and affordable factory and office expenses in Myanmar, coupled with zero tariffs from countries such as the United States and India, Mynice Optoelectronics Co.,Ltd is poised to gain significant competitive advantages in future markets.