Cocona Labs Finalizes China WFOE Incorporation

June 14, 2024

The establishment of a WFOE signals long-term commitment to Chinese customers and streamlined business operations

Boulder, CO /OUTDOOR SPORTSWIRE/ – Cocona Labs, the makers of temperature-regulating 37.5^® Technology, announced this week that they have officially completed the incorporation process to establish a Wholly Foreign-Owned Enterprise (WFOE) in Shanghai, China.

“This is an extremely important step for us,” Jeff Bowman, CEO of Cocona Labs said. “It reflects our long- term commitment to doing business in China, both to support foreign brands that source products from Chinese suppliers as well as supplying domestic Chinese brands. Establishing the WFOE will make it easier for customers that source 37.5 materials from China to transact business with us and allow us to provide them with a wider variety of services.”

Cocona Labs is a Colorado-based materials science company making specialty textile technology. With a growing percentage of yearly revenue attributed to Chinese brand customers, and much of the company’s specialty masterbatch ingredients exported to Chinese manufacturers to create highly technical 37.5 fibers and yarns, the Chinese market is a critical component for success.

“The ability to operate in China as a domestic business offers greater efficiency in operations, management, and future developments, while making it significantly easier for our domestic Chinese and foreign partners to conduct business,” Bowman said. “Importantly, this also allows us to protect and retain 100% ownership and control of our intellectual property.”

About 37.5^® Technology

Materials that incorporate 37.5^® Technology are used in outdoor gear, sports apparel, designer clothing, workwear, police and military uniforms, footwear and sleep systems that are designed to help manage and maintain your optimal core temperature and relative humidity level. 37.5^® Technology was created by Cocona Labs, a world leader in the development, commercialization, and marketing of active particle technologies. The company is headquartered in Boulder, Colorado. Visit thirtysevenfive.com for more information.