HONG KONG, Nov 30, 2020 - (ACN Newswire) - TIME Interconnect Technology Limited ("TIME Interconnect", Stock Code: 1729.HK, with its subsidiaries collectively referred to as the "Group") is pleased to announce its interim results for the six-month period ended 30 September 2020 (the "Reporting Period").During the Reporting Period, the pace of global economic growth has continued to slow down due to the Sino-U.S. trade war, which also led to depreciation of Renminbi. Meanwhile, the COVID-19 pandemic has had a more negative impact on economic activities in the Reporting Period than anticipated. In order to cope with the changes and uncertainties of the external environment, the Group has set up a "Strategic Business Development Task Force", whose main responsibilities are to formulate long-term business strategies for the Group, accelerate the development of new markets and strategic customers. In addition, the Group has reintegrated internal resources, hired doctoral consultants to enhance its internal technology and product development capabilities, and pay great efforts in solidifying its customer base. With the above efforts, the Group was able to report solid operating results du...