Changying Precision: The monthly sales of the first phase factory in Vietnam currently exceed 60 million yuan.

Changying Precision stated at the performance presentation on May 15 that the company's largest overseas base is in Vietnam, with nearly 800 acres of land, and construction progress has already completed one-third. The first phase of the factory in Vietnam was successfully put into operation last year, with monthly sales exceeding 60 million yuan, forming a certain scale of production capacity. The main role of the Vietnam base is to balance political and economic risks and provide overseas customers with one-stop manufacturing solutions. Other overseas factories include Mexico and Hungary, with the first factory in Mexico starting production in 2022 and the second factory scheduled to start production in June this year. The scale of the factories in the Americas is relatively small, mainly serving as a response and connection to core customers. The European factory in Hungary is expected to be put into use in the fourth quarter of this year.