In the wave of globalization, our company has always been at the forefront. Today, our new company in Vietnam has officially launched. This marks another important milestone for our enterprise in the Asian market.
Our new company in Vietnam is located at Lot D, Que Vo Industrial Park, Van Duong Ward, Bac Ninh City, Bac Ninh Province, Vietnam, adjacent to the Haiphong Port, with a superior location and an area of 23,200 square meters. Currently, it mainly produces electromechanical seismic braces, construction finished product supports and hangers, and various types of steel and pipe clamp products.
Vietnam has a solid manufacturing base, and we are able to maintain the same high production standards as Chinese companies, with complete UL/FM/ISO certifications, ensuring that all customers continue to receive high-quality products that meet expectations and regulations.
The free trade agreements (FTAs) signed by Vietnam with multiple countries have reduced import costs and simplified processes, which is particularly beneficial for our European customers. For the North American market, having Vietnam as a production base can help our customers avoid potential tariff barriers, thus maintaining price stability. The establishment of our company in Vietnam not only consolidates our market in North America and Europe, but its strategic location also enhances our response speed to the Southeast Asian market, laying a solid foundation for us to explore the Southeast Asian market.
The Vietnamese government has provided a favorable business environment for our development, and we look forward to starting a new chapter in this country full of potential!
Venturing into Vietnam, our new company upholds a steadfast commitment to quality. Despite the geographical expansion, our dedication to delivering exceptional products and services remains unwavering. We pledge to maintain the high standards our customers expect, ensuring a stable quality that transcends borders.