At the beginning of 2023, We plans to build a new factory and lay out a new production line in Vietnam in order to lay out the Asia-Pacific market and open up the market in total South Asia. Vietnam is strategically located near China, which is the supply place of large-scale commodities and raw materials, and also can effectively reduce the transportation cost and connect to the supply chain of China stably.
The Vietnam factory is located in VSIP Industrial Park, Bac Ninh City, Vietnam, covering an area of 3500 square meters, and will be completed by the end of 2023. It is planned to mainly produce negative electrode plates, electrode pads, etc., undertake new projects, and devote to make Chinese manufacturing to the world.
