Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 49

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 49
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 Toyota Motor Company, and Nuvera Fuel Cells, etc. In the U.S., where HFC penetration and growth are among the highest across the world, the market is currently led by Plug Power in terms of total units installed. Infintium aims to compete against its competitors with its innovative technology, proven track record, robust partnerships, and strong customer support, which it believes enable it to effectively address the rapidly expanding HFC market and growing concerns of large industrial and retail distribution customers about relying on a single fuel cell supplier such as Plug Power and win more businesses. 2 Infintium further believes that in addition to its product benefits, features such as advanced remote monitoring and diagnostics capabilities that allow its customers to track system performance in near real -timeand optimize their operations. Infintium believes that its transparency and data -drivenapproach also sets it apart from competitors. Infintium also believes that its focus on developing and providing HFC products and services for material handling and heavy -dutytransportation applications gives it strategic advantages against competitors that provide more vertically integrated and expansive product and service portfolios. Infintium believes that competitors who do so may dilute management attention and require far more resources to support other product and service portfolios Infintium believes its strategic focus enables it to better address the unique needs of each customer and provide more timely and tailored services. Business Strategy and Growth Initiatives Infintium’s immediate growth strategy is focused on leveraging its proven HFC technology, customer relationships, and manufacturing capabilities to expand its market share in the HFC forklift segment that is emerging rapidly in the U.S. Infintium aims to expand its market share and sales first through increasing penetration and sales to its existing customers, including partners in forklift manufacturing, distribution, wholesale and HCF services, as well as direct, large end users. Infintium is also targeting new customers in the automotive, industrial, logistics, and retail distribution companies. Infintium also plans to expand geographically into non -U.S. markets, notably Canada, Central and South America, followed by Middle East and Europe. Infintium believes that its combined strategy to first focus on increasing its market share in the U.S. material handling or industrial vehicle market as a qualified, reliable and attractive HFC supplier and to leverage its HFC knowhow and technology to enter segments outside of material handling (such as light and heavy -dutycommercial trucks, distributed energy and energy storage markets) will bring significant market opportunities for the company’s long -termgrowth