The Group's Three Step Strategy
Focus on Current Priorities and Look Beyond the
Horizon-Three-step Strategic Plan
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By December 2023
Establishment and construction
Huasion Jiangsu factory has achieved the annual production target of 500,000 sets
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2024
High-speed development
In September 2024, the Mexican factory achieved the goal of reaching a production capacity of 500000 sets in the first phase.
In December 2024,the production base in Hungary aims to achieve a production capacity of 500000 sets in the first phase.
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2026
Innovation development period
From June to December 2026, the production capacity of plants in Mexico and Hungary both reached 1,000,000 sets.
Jiangsu plant will maintain the production and sales of 500,000 sets
To achieve this goal, we will take the following measures:
1. Choose a location with superior geographical location and convenient transportation to establish the factory to ensure smooth logistics. At the same time, we will invest a lot of resources in infrastructure construction, including production workshops, warehouses, office areas, etc.
2. Purchase advanced production equipment to ensure that production efficiency and product quality reach industry-leading levels. The procurement and installation of equipment will be closely coordinated by Huasion China Company to ensure that it is completed within the scheduled time.
3. Actively recruit experienced employees and provide them with comprehensive training to ensure that they can quickly adapt to the new working environment and production processes.
4. By 2026, we will carry out the second phase of production expansion: it is expected that the production capacity of the Mexico and Hungary factories will reach 1,000,000 units from June to December 2026, while the Huasion Jiangsu factory will maintain sales of 500,000 units.
To this end, we will also make the following efforts:
1. Production process optimization: Based on the first phase of production, we will continue to optimize the production process, improve production efficiency and reduce costs.
2. Equipment upgrade and expansion: We will upgrade existing equipment and add new production equipment to meet the demand for increased production capacity.
3. Market expansion and marketing strategy: With the increase in production capacity, we will actively explore the market, strengthen cooperation with new and old companies, and enhance brand influence. At the same time, we will formulate effective marketing strategies to improve the visibility and competitiveness of our products in the North American and European markets.
Summary and Outlook:
By establishing production bases in Mexico and Hungary and gradually increasing production capacity, our company will be able to better meet the needs of the North American and European markets and enhance global competitiveness. In the future, we will continue to pay attention to market dynamics and technological development trends, continuously optimize production processes and equipment configuration, and improve product quality and production efficiency. At the same time, we will actively expand the international market, seek more cooperation opportunities, and achieve the company's long-term development goals.


