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XPEL Expands International Footprint with Acquisition of Chinese Distributor

1. XPEL acquires exclusive distributor assets in China's aftermarket. 2. Investment aims to strengthen XPEL's market presence in the largest car market.

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FAQ

Why Bullish?

Acquisition expands XPEL's footprint in the lucrative Chinese market, historically increasing stock prices after major expansions.

How important is it?

The deal enhances XPEL's operational capacity in a critical market, positively influencing investor sentiment and future revenue.

Why Long Term?

The focus on China's growth will yield sustained revenue increases over time, similar to other companies expanding in emerging markets.

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TSLAGXIAAPL
SAN ANTONIO--(BUSINESS WIRE)--XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, today announced that it has acquired assets of the exclusive distributor of XPEL's products in the aftermarket in China. Ryan Pape, President and Chief Executive Officer of XPEL, commented, "We've invested heavily in the past several years to establish our direct go-to-market strategy in the top car markets of the world. China is, of course, the largest car market in the.

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