Xinquan shares increase overseas production bases to promote internationalization strategy

Xinquan Co., Ltd. is actively planning base construction and industrial layout to meet future market demand. In the first half of 2023, the company established a new Changzhou exterior decoration company and invested in a joint-stock company, Weien Composites. In addition, based on the factories in Malaysia and Mexico, the company has also added factories in Slovakia, allowing overseas production capacity to radiate to Southeast Asia, North America and Europe. In March 2024, the company once again increased its investment in Xinquan Slovakia, and established Xinquan American Group and Xinquan (Texas), further advancing the company's internationalization strategy.