In today's increasingly globalized world, Zhejiang Great Wall Electrical Technology Co., Ltd., with its forward-looking strategic vision and profound industry accumulation, actively responded to the national the Belt and Road initiative and took an important step in the internationalization strategy. The plan to invest no more than 60 million US dollars in the construction of a new production base in Chumphon, Thailand is not only a significant expansion of Great Wall Technology's business territory, but also a key part of its global strategic layout.

Thailand, as an economic hub in Southeast Asia and an important country along the the Belt and Road, has an excellent geographical location, perfect infrastructure and an open investment environment, providing Great Wall Technology with an ideal location for overseas production bases. By establishing a production base here, Great Wall Technology will be able to respond more flexibly to changes in global market demand, shorten product delivery cycles, and enhance customer satisfaction.

This investment not only involves infrastructure construction such as land acquisition and modern factory building, but also covers the introduction, installation, and commissioning of advanced production equipment to ensure that the production base can efficiently and high-quality produce electromagnetic wire products. Great Wall Technology plans to advance project construction in stages to ensure steady and orderly progress at every step, striving to achieve large-scale production by 2026 and provide more stable and reliable product supply for global customers.

At the same time, in order to better manage and operate the production base in Thailand, Great Wall Technology will establish a subsidiary in Thailand, responsible for all aspects of local production, sales, logistics and other businesses. The specific registration information of the subsidiary will be strictly handled in accordance with relevant Thai laws and regulations to ensure legal and compliant operation. This measure will not only help Great Wall Technology better integrate into the local market, but also lay a solid foundation for its global business expansion.

As a leading enterprise in the field of electromagnetic wires, Great Wall Technology has always been committed to technological innovation and quality improvement. Through this investment and factory construction in Thailand, the company will further optimize its overseas production layout, enhance global supply chain collaboration capabilities, and strengthen its service response speed and product quality assurance capabilities to global customers. At the same time, through cost control and efficiency improvement, Great Wall Technology will strive to achieve significant economic growth and create greater value for shareholders. Keywords: the Belt and Road news, the Belt and Road project, overseas project.

Great Wall Technology will continue to adhere to the development philosophy of "innovation driven, quality-oriented, and customer-oriented", continuously promote technological innovation and industrial upgrading, and provide global customers with higher quality and more efficient electromagnetic wire products and services. At the same time, the company will actively fulfill its social responsibility, promote sustainable development, and contribute its own strength to the prosperity and stability of the global economy. (This article is from the official website of Jian Dao: www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website mechanical column editor/Zhou Yingwen