Huali Group to Expand Capacity at Planned Pace, Focus on Indonesia Plants Over Next 3-5 Years
Huali Group said it will continue capacity expansion at its planned pace over the coming years, citing customer order demand. Over the next three to five years, the company will primarily build new plants in Indonesia and aim to start production as soon as possible, with progress to be disclosed in a timely manner. The group also noted that capacity can be adjusted through staffing and overtime, with annual capacity configuration depending on order volumes.
Huali Group said during a recent institutional survey that, given customer order demand, the company will continue its capacity expansion at the planned pace in the coming years. Over the next three to five years, it will mainly build new plants in Indonesia and aim to commence production as soon as possible, with specific plant production schedules to be disclosed in a timely manner.
The company's capacity can be enhanced not only through new plants and equipment upgrades, but also maintained with flexibility through control of employee numbers and overtime hours. The specific annual capacity configuration will be adjusted according to order volumes for the year.
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