FinChi Innovation Center -- YOUR EASY ACCESS TO CHINA

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1 FinChi Innovation Center -- YOUR EASY ACCESS TO CHINA

2 Presence in Finland First employee hired in FinChi at 2005 when FinChi is established Leading FinChi as GM for 8 years in Shanghai Take a new position as Business Development Director in Finland since 2015 Deeply involved with Finnish company China entry with accumulated experience and expertise Kristal Li Raised up in China, Educated in Canada and Work and live in Finland now. Committed to supporting your business succeed in China! 2 3/29/2018 Finpro

3 Finland-China (FinChi) Innovation Center -Extension of Finnish Innovation Environment to China with Close Cooperation with Local Authorities Established by Finnish Ministry of Trade and Industry in 2005 Active Member of Team Finland Operations in China Licensed Innovative Incubator by Shanghai Government and Pudong New District 3

4 13 Years over 120 Finnish Companies with FinChi Community FinChi Space Service value-added interaction 4

5 FinChi Space Located in Shanghai Zhangjiang Hi-Tech Park (Free Trade Zone) Total space: 1,900 sqm - Balcony offices - Corridor offices - Flexible workstations - Multi-function meeting rooms - Public reception - Casual meeting areas - Cafeteria - Original Finnish Sauna 5

6 FinChi Services FinChi first support to kick-off business in China! Virtual office presence Turn-key office suites Practical support (reception, hotel & transportation booking) Easy access to FinChi community (events, workshops, network) Growth path with FinChi (no registration is required for up to two years!) Soft-landing Services Wallet care (cashier service) Staff finder HR solutions Expatriate help (visa, housing, schooling, etc.) Logistics support Value-added Services Business credit reports Legal entity registration Accounting & tax compliance Total care (visit arrangement) Event organization (seminars, workshops, etc.) 6 Growth support with FinChi SUBSIDY for legal entity!

7 FinChi Community Investor Network Universities & Institutes Local Authorities FinChi Community Team Finland Services Local Companies Local Services (HR, Accounting, Legal) 7

8 8 Finchi

9 Success Story BMH Technology China Joins FinChi in 2012 Pre-registration solution Recruit local sales team with one experienced Finn & one sales engineer Focus on marketing & sales Joins Finpro CleanTech program First Project In 2014 Won first project in China Expand local team with project support functions Feasibility study of legal entity in China WFOE Setup In 2016 Four big on-going projects in China Fully functional subsidiary (sales team, sourcing team, project support team) 9 We at BMH have been using FinChi services for the last three years. We have found them most useful particularly in the back-office functions support which has allowed us to concentrate on what we had come to China to do; which was to get our products out there in the market as quickly and efficiently as possible. Setting up a business in a country like China that is surging ahead but has a very different culture and language, can be challenging for Finnish SMEs. Having access to office infrastructure and professional people who understand both China s business culture, Finnish business culture and speak the common language of English, gives the security and confidence that is needed when entering a new market. Minna Vilkuna, Country Manager, BMH Technology China

10 Success Story Orion China Office Sourcing Office in 2010 Sourcing Team Expansion in 2011 Service Center in 2015 Training Center in 2017 FinChi is a great place to start and improve your China operations easily. Setting up an office here is a fast and risk-free choice and highly recommended since the local presence is needed if you want to do business in China successfully. Orion is very satisfied with this arrangement; it has been easier to maintain and grow our China activities with FinChi s kind and professional assistance. Petri Karvinen, Head of Orion China Operations 10

11 FinChi! 11

12 Startup Story - Flexound Company setup and operation via FinChi Connected with other incubation program to join different exhibitions via FinChi network (CES exhibition in Shenzhen) Finpro Invest In Finland Team with investment bridge and support (Roadshow in Shanghai on Nov. 1 st, 2016) Finpro export team in marketing support (Media exposure and public event held) 12

13 FinChi A Fast, Safe, Trusted Platform - No legal registration is required for up to two years Cost-efficiency, low risk to evaluate Chinese markets, find partners and start business - Dynamic community with full support from Team Finland operations, Finnish companies and local resources - Subsidy available from local government once registered in FinChi - Practical work can start from day one - Access to all necessary services via FinChi network For EASY ACCESS TO CHINA 13

14 JOIN FINCHI AND BE THE NEXT SUCCESS! 14 Kristal Li, Business Director