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Overseas layout | Zhongjing Electronics plans to build a new production base in Thailand
Overseas layout | Zhongjing Electronics plans to build a new production base in Thailand
发布日期：2022-12-26 11:31
Basic information of this foreign investment
【1】 The total amount of foreign investment this time does not exceed 550 million yuan, including but not limited to the purchase of land, the purchase and construction of fixed assets and other related matters. The actual amount of investment is subject to the amount approved by China and local competent authorities.
【2】 The company plans to purchase about 150 mu of land located in the industrial park in Loghana, Thailand. The company plans to build a production base in Thailand in stages, and plans to achieve a certain scale of mass production in 2025.
【3】 The specific path of this foreign investment is still under planning, and the Thai subsidiary has not yet been established. The company plans to complete the establishment of the Thai subsidiary by the end of March 2023.
【1】 The total amount of foreign investment this time does not exceed 550 million yuan, including but not limited to the purchase of land, the purchase and construction of fixed assets and other related matters. The actual amount of investment is subject to the amount approved by China and local competent authorities.
【2】 The company plans to purchase about 150 mu of land located in the industrial park in Loghana, Thailand. The company plans to build a production base in Thailand in stages, and plans to achieve a certain scale of mass production in 2025.
【3】 The specific path of this foreign investment is still under planning, and the Thai subsidiary has not yet been established. The company plans to complete the establishment of the Thai subsidiary by the end of March 2023.
Purpose and impact of this foreign investment
【1】 The company's investment and construction of the production base in Thailand is the first important measure for the company to implement its overseas strategic layout, which is conducive to reducing the company's operating costs, opening up overseas markets, establishing the overseas supply capacity of products, strengthening the company's core competitiveness, so as to better meet the future order demand of international customers, and will also better provide product services for the company's existing and potential major customers, It has a positive impact on the long-term development of the company. The company's overseas investment will help the company to respond more flexibly to the fluctuations of the macro environment, industrial policy adjustment and reduce the potential adverse impact of changes in the international trade pattern on the company.
【2】 As a rapidly developing emerging market economy, Thailand has cost comparative advantages in terms of land, environmental protection, human resources, tax and other aspects. In recent years, Thailand has also undertaken a lot of PCB capacity transfer, and PCB-related industrial chain support has also been constantly improved, which can better meet the needs of the company to build overseas production bases. The auto industry has become the pillar industry of Thailand, which is the largest auto manufacturer and auto exporter in Southeast Asia, and also the main exporter of computers and electronic appliances in Southeast Asia.
【3】 The laws and regulations, policy system, business environment and cultural characteristics of Thailand are quite different from those of China. There are certain management, operation and market risks in the establishment and operation of Thailand's production base. There is also some uncertainty about whether the effect of this foreign investment can meet the expectations. The company will learn and learn from the advanced experience of overseas investment and operation management of peers and customers, get familiar with and master the business culture environment and legal system of Thailand as soon as possible, design products and technical solutions that meet the market demand, input equipment resources that match the products and technical solutions, control the pace of investment according to the changes in market demand, and take effective measures to motivate and train the team to ensure the good operation of the production base in Thailand, Avoid and reduce relevant operational risks to the greatest extent.
The headquarters of Zhongjing Electronics is located in Zhongkai High-tech Zone, Huizhou City, Guangdong Province. It now has a production base in Zhongkai High-tech Zone, Zhongjing Yuansheng Zhuhai Hengqin Production Base, Zhuhai Zhongjing Zhuhai Fushan Industrial Zone Production Base, and Zhongjing Semiconductor Zhuhai Gaolan Port Economic Zone Production Base (in preparation). At present, the total number of employees is about 5500.
Zhongjing Electronics follows the market changes, continues to optimize the industrial structure, and actively layout the high-end PCB market. After years of development, relying on rich industry experience, advanced technical level and efficient and innovative management team, Zhongjing Electronics has built a modern operation and management system integrating research and development, production, sales and service. Its products are widely used in consumer electronics, network communications, automotive electronics, new display, security and industrial control, medical health, and artificial intelligence, big data and cloud computing, the Internet of Things, biometrics Intelligent wearable, smart home, unmanned aerial vehicle and other emerging application fields.
Zhongjing Electronics is committed to continuously providing customers with high-quality products and services worldwide, adhering to the corporate values of "fairness and justice, integrity and responsibility, people-oriented, innovation and reform", actively promoting the process of intelligent manufacturing and industrial informatization, accelerating industrial upgrading and innovation, continuously improving product quality, and continuously expanding production and marketing scale, and is committed to becoming a leading PCB and electronic information products and services provider in China and even the world.
Other related articles
Overseas layout | Zhongjing Electronics plans to build a new production base in Thailand
Overseas layout | Zhongjing Electronics plans to build a new production base in Thailand
发布日期：2022-12-26 11:31
Basic information of this foreign investment
【1】 The total amount of foreign investment this time does not exceed 550 million yuan, including but not limited to the purchase of land, the purchase and construction of fixed assets and other related matters. The actual amount of investment is subject to the amount approved by China and local competent authorities.
【2】 The company plans to purchase about 150 mu of land located in the industrial park in Loghana, Thailand. The company plans to build a production base in Thailand in stages, and plans to achieve a certain scale of mass production in 2025.
【3】 The specific path of this foreign investment is still under planning, and the Thai subsidiary has not yet been established. The company plans to complete the establishment of the Thai subsidiary by the end of March 2023.
【1】 The total amount of foreign investment this time does not exceed 550 million yuan, including but not limited to the purchase of land, the purchase and construction of fixed assets and other related matters. The actual amount of investment is subject to the amount approved by China and local competent authorities.
【2】 The company plans to purchase about 150 mu of land located in the industrial park in Loghana, Thailand. The company plans to build a production base in Thailand in stages, and plans to achieve a certain scale of mass production in 2025.
【3】 The specific path of this foreign investment is still under planning, and the Thai subsidiary has not yet been established. The company plans to complete the establishment of the Thai subsidiary by the end of March 2023.
Purpose and impact of this foreign investment
【1】 The company's investment and construction of the production base in Thailand is the first important measure for the company to implement its overseas strategic layout, which is conducive to reducing the company's operating costs, opening up overseas markets, establishing the overseas supply capacity of products, strengthening the company's core competitiveness, so as to better meet the future order demand of international customers, and will also better provide product services for the company's existing and potential major customers, It has a positive impact on the long-term development of the company. The company's overseas investment will help the company to respond more flexibly to the fluctuations of the macro environment, industrial policy adjustment and reduce the potential adverse impact of changes in the international trade pattern on the company.
【2】 As a rapidly developing emerging market economy, Thailand has cost comparative advantages in terms of land, environmental protection, human resources, tax and other aspects. In recent years, Thailand has also undertaken a lot of PCB capacity transfer, and PCB-related industrial chain support has also been constantly improved, which can better meet the needs of the company to build overseas production bases. The auto industry has become the pillar industry of Thailand, which is the largest auto manufacturer and auto exporter in Southeast Asia, and also the main exporter of computers and electronic appliances in Southeast Asia.
【3】 The laws and regulations, policy system, business environment and cultural characteristics of Thailand are quite different from those of China. There are certain management, operation and market risks in the establishment and operation of Thailand's production base. There is also some uncertainty about whether the effect of this foreign investment can meet the expectations. The company will learn and learn from the advanced experience of overseas investment and operation management of peers and customers, get familiar with and master the business culture environment and legal system of Thailand as soon as possible, design products and technical solutions that meet the market demand, input equipment resources that match the products and technical solutions, control the pace of investment according to the changes in market demand, and take effective measures to motivate and train the team to ensure the good operation of the production base in Thailand, Avoid and reduce relevant operational risks to the greatest extent.
The headquarters of Zhongjing Electronics is located in Zhongkai High-tech Zone, Huizhou City, Guangdong Province. It now has a production base in Zhongkai High-tech Zone, Zhongjing Yuansheng Zhuhai Hengqin Production Base, Zhuhai Zhongjing Zhuhai Fushan Industrial Zone Production Base, and Zhongjing Semiconductor Zhuhai Gaolan Port Economic Zone Production Base (in preparation). At present, the total number of employees is about 5500.
Zhongjing Electronics follows the market changes, continues to optimize the industrial structure, and actively layout the high-end PCB market. After years of development, relying on rich industry experience, advanced technical level and efficient and innovative management team, Zhongjing Electronics has built a modern operation and management system integrating research and development, production, sales and service. Its products are widely used in consumer electronics, network communications, automotive electronics, new display, security and industrial control, medical health, and artificial intelligence, big data and cloud computing, the Internet of Things, biometrics Intelligent wearable, smart home, unmanned aerial vehicle and other emerging application fields.
Zhongjing Electronics is committed to continuously providing customers with high-quality products and services worldwide, adhering to the corporate values of "fairness and justice, integrity and responsibility, people-oriented, innovation and reform", actively promoting the process of intelligent manufacturing and industrial informatization, accelerating industrial upgrading and innovation, continuously improving product quality, and continuously expanding production and marketing scale, and is committed to becoming a leading PCB and electronic information products and services provider in China and even the world.
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