Xin Point overseas new production capacity is progressing as scheduled
Release time:
2024-12-12
Improving the overseas production capacity layout will be a key strategy for the group in the next few years. The new production capacity at the two overseas factories is currently progressing as scheduled. Two newly built Jiujiang factories are also undergoing trial operation.
The Mexico factory has completed the construction of a new painting line and began trial production in December. This is the third painting line at the Mexico factory. The factory integrates various processes, including injection molding, electroplating, painting, and assembly. After business adjustments and personnel optimization, the factory has entered a healthy operating state and has begun to profit.
The Malaysia factory is also accelerating its infrastructure progress. As of October 2024, the building has been topped out, and other infrastructure projects are currently underway in an orderly manner. This factory focuses on injection molding, electroplating, painting, and assembly processes and plans to start operation before the end of 2025.
In addition to the two overseas factories mentioned above, there are currently two factories in the Jiujiang area: Jiujiang Xin Point Auto Parts Co., Ltd. and Jiujiang Xin Point Surface Treatment Co., Ltd.
Jiujiang Xin Point Auto Parts focuses on injection molding, painting, and PVD processes. It specializes in producing large-sized parts and has been delivering in batches since April 2024. Jiujiang Xin Point Surface Treatment Co., Ltd. focuses on hexavalent chromium-free electroplating processes. New projects are currently under development, and mass production is expected to begin in early 2026.
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