Boyingte Welding (301468.SZ) officially launched the first phase of its production base in Vietnam.

News from the Chinese Finance and Economics APP, Boyingte Welding (301468.SZ) announced that the company has established Boyingte Welding Vietnam Manufacturing Co., Ltd. with investment in Vietnam relying on its wholly-owned subsidiary Boyingte Welding (Hong Kong) Investment Limited. Recently, the Phase I plant of the company's Vietnam production base has officially started operation. The Vietnam production base covers an area of approximately 150,000 square meters, and the Phase I plant has been completed and put into operation. The main product produced is waste heat recovery devices for gas turbines.