Overseas layout of equipment and cable of Wanma shares is upgrading, and the signing ceremony of the new plant of Vietnam Company was successfully held.

With the change in the international situation, and the continuous development of overseas business, domestic cable enterprises have aimed at the international market, to seize the overseas business market, Wanma shared equipment cable in 2018 to prepare for the establishment of the first overseas company in Vietnam, January 23, 2019 subject to the award of the business license, after just a few months of hard work, in September 2019, the Vietnam factory on the official commissioning and export of coaxial cables and data cables to the United States.

At present, Vietnam company production investment so far, business growth against the trend of increasing orders, the existing plant capacity output has been far from keeping up with the market demand and pace, to better provide customers with high-quality products and services, but also to continue to grow in the U.S. market share, the company following its own overseas business development needs and the direction of the deployment of the strategic plan, the Wanma equipment cable decided to open up a new industrial park in Vietnam, expanding production capacity at the same time, and better will be the brand of the Wanma overseas to spread.

On 24th April 2024, the signing ceremony of the new plant between Wanma Equipments & Cable and Vietnam Thuan Cheng Industrial Park was successfully held. The planned output value of the first phase was raised to 300 million RMB, which effectively relieved the bottleneck of the company's production capacity, and further broadened the layout of Wanma's market overseas. The leader of Vietnam Thuan Cheng Industrial Park expressed his gratitude to Wanma for choosing to invest in the park and put great expectations on the future development of Wanma. He said that both parties would give full play to their respective advantages in the cooperation and jointly build a high-quality modern plant, which would greatly improve the productivity of Wanma and at the same time make a positive contribution to the development of the local economy and industrial upgrading!

In the future, Wanma Equipments & Cables will take Vietnam as the bridgehead overseas, and continue to expand the second and third phases of the plant, which will play a key role in promoting the development of business in the North American market of Wanma, and build a bridge to deepen the plowing in the overseas market, and lay a foundation for the development of overseas business.