The subject is a foreign-invested company, specializing in manufacturing kinds of valves such as block valves, expansion valves, and four-way valves for air conditioners. An employee from the import-export department said that the company mostly exports its products to foreign markets and only supplies a small proportion to FDI companies in Vietnam. China is the biggest export market, accounting for about 70% of total products. Due to the impact of the economic downturn, the orders in 2023 have decreased a bit.It is known that the subject is expanding its project to raise the production capacity. Accordingly, the total production scale will increase from 43 million product sets/year at present to 156 million product sets/year. The project is expected to complete construction in November 2024 and test operation in December 2024. According to the plan, the total investment capital increase to USD 77,800,000 when the expansion project goes into production.
Headquarters
Plot B16, B17, B18, B19, B20, B21 belong to Lot CN6, An Duong Industrial Park, Hong Phong Commune
Hai Phong municipality; Red River Delta;
Postal Code: 04000-05000
Contact Details: Purchase the Sanhua (Vietnam) Company Limited report to view the information.
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