Huashuo Technology invested in building a factory in Hungary

Huashuo Technology has invested 80 billion forints to build a new factory in Miskolc, Hungary, which is the company's second factory in Hungary. The new factory will be built in three phases and is expected to produce 1 million to 2 million automotive parts per year, mainly for drive units, powertrain systems and structural systems. Huashuo Technology has decided to move part of the production process to Hungary. In addition to carrying out processing business, it will also establish the group's European headquarters and production base in Miskolc.