Starry Law Firm Thailand recently entered into a formal engagement with Qingdao Richmat Intelligence Technology Inc. (SZSE: 301320), an A-share listed company, and was appointed as Richmat Intelligence’s long-term legal counsel in Thailand. The engagement reflects the recognition of Starry Law Firm Thailand’s professional capabilities by another important client. Going forward, the firm will provide legal support in relation to cross-border investment, corporate governance and compliant operations, production and operational compliance, labour and employment compliance, and decision-making on material matters. The services will help Richmat Intelligence strengthen the compliance foundation for its Thailand operations and expand its overseas markets.

Qingdao Richmat Intelligence Technology Inc.

Richmat Intelligence is a leading provider of integrated solutions for intelligent control and drive systems in China. Founded in 2003, it was listed on the ChiNext Market of the Shenzhen Stock Exchange in 2023. With technology at its core, the company has developed deep expertise across four principal fields: smart home, healthcare and rehabilitation, smart office, and industrial drives. Supported by its in-house research, development and manufacturing of core components, as well as automated production capabilities, its business has reached nearly 40 countries and regions worldwide. The company currently operates two business groups, four R&D centres, ten modern manufacturing bases and more than ten domestic and overseas branches. Its professional team of more than 1,600 employees provides high-quality intelligent drive products and services to customers around the world.

Richmat Intelligence's Thailand Facility

As Thailand 4.0 progresses and the supporting industries for new energy vehicles in Southeast Asia continue to grow, intelligent control and drive systems have become a key segment of Thailand’s industrial upgrading. An increasing number of Chinese enterprises in related sectors are treating Thailand as a central hub for overseas operations. In line with this industry trend, Richmat Intelligence enhanced its internal management system in 2024, introduced an end-to-end ERP system, and established its first overseas production facility at Rojana Longyan Industrial Park in Thailand. In 2025, the Thailand facility and an ergonomics production base commenced operations in parallel, delivering a substantial increase in production capacity. With total investment of USD 20 million and a site area of 40,000 square metres, the Thailand facility benefits from Eastern Economic Corridor (EEC) policy incentives and convenient sea, land and air transport links. It is equipped with end-to-end SMT, DIP insertion and final assembly lines, and follows an operating model of IT-enabled management, automated production and professionalised personnel. The facility has an annual capacity of 1.5 million actuators and several million control components, making it an important hub linking Chinese intelligent manufacturing with global markets.

Against the backdrop of deepening China-Thailand cross-border economic and trade cooperation, enterprises in the intelligent control and drive sector can benefit from policy support and market opportunities when establishing operations in Thailand, while also facing complex challenges in legal compliance, market access and industrial implementation. Drawing on its experience and resources in the Southeast Asian legal services market, Starry Law Firm Thailand will provide legal support to Richmat Intelligence Thailand, helping the company mitigate cross-border risks and advance its project efficiently. This engagement is both an important example of Starry Law Firm’s support for Chinese high-end manufacturing enterprises expanding overseas and a compliance-focused reference for companies in the intelligent control and drive sector seeking to establish themselves in Thailand and deepen their presence in Southeast Asia. It will support more Chinese enterprises in pursuing high-quality global development amid Thailand’s industrial upgrading.