Changying Precision said at the performance briefing on May 15 that the company's largest overseas base is in Vietnam, with nearly 800 acres of land, and the construction progress has now been completed by one-third. The first phase of the factory in Vietnam was successfully put into operation last year. Now, the monthly sales volume exceeds RMB 60 million, and a certain scale of production capacity has been formed. The main role of the Vietnam base is to balance political and economic risks and provide one-stop manufacturing solutions for overseas customers. Other overseas plants include Mexico and Hungary. The first plant in Mexico will be put into operation in 2022, and the second plant will be put into operation in June this year. The American plant is relatively small, and mainly responds to and connects to core customers. The European plant in Hungary is expected to be put into use in the fourth quarter of this year.

Changying Precision said at the performance briefing on May 15 that the company's largest overseas base is in Vietnam, with nearly 800 acres of land, and the construction progress has now been completed by one-third. The first phase of the factory in Vietnam was successfully put into operation last year. Now, the monthly sales volume exceeds RMB 60 million, and a certain scale of production capacity has been formed. The main role of the Vietnam base is to balance political and economic risks and provide one-stop manufacturing solutions for overseas customers. Other overseas plants include Mexico and Hungary. The first plant in Mexico will be put into operation in 2022, and the second plant will be put into operation in June this year. The American plant is relatively small, and mainly responds to and connects to core customers. The European plant in Hungary is expected to be put into use in the fourth quarter of this year.