Tongxing Technology plans to set up subsidiaries in Singapore and Thailand to expand overseas markets

Tongxing Technology announced that in order to expand its overseas market share and quickly respond to overseas customer needs, the company will invest in setting up subsidiaries in Singapore and Thailand. The total investment is expected to be no more than 20 million US dollars. Tongxing Technology's main products include heat exchangers, refrigeration system pipe assemblies, automotive air conditioning pipelines, refrigeration unit modules, etc., which are widely used in automotive refrigeration equipment, household refrigeration equipment, air conditioners, dryers and other fields. Its main customers include Haier Group, Hisense Group, Midea Group, LG Electronics, Xingqi Electric, Aucma, Xingxing Cold Chain, Changan Automobile Group, etc.