Fugui Springs is proud to announce the successful completion of our factory expansion project, a significant milestone in our company's growth strategy. This expansion increases our production capacity by 30%, allowing us to better meet the growing global demand for our electric tricycles and related products.
The factory expansion project, which began in October 2022, has now been completed on schedule and within budget. The expansion includes:
This significant investment in our manufacturing capabilities will not only increase our production volume but also enhance the quality and consistency of our products. The new automated assembly lines will reduce production time while maintaining our high standards for craftsmanship and reliability.
The expansion comes at a critical time as Fugui Springs continues to experience increasing demand both domestically and in international markets. In the past year, we have seen a 45% increase in export orders and a 28% increase in domestic sales.
"This expansion represents our commitment to meeting the needs of our growing customer base while maintaining the quality and innovation that Fugui Springs is known for," said Mr. Li Wei, CEO of Fugui Springs. "With our increased production capacity, we are well-positioned to fulfill larger orders and reduce delivery times for our customers around the world."
The factory expansion has also created approximately 120 new jobs in the Guanghan area, contributing to the local economy. These positions range from production line workers to skilled technicians, engineers, and management roles.
As part of our commitment to our workforce, we have implemented comprehensive training programs to ensure that all employees are equipped with the skills needed to operate the new equipment and adhere to our quality standards.
With the expanded production capacity now in place, Fugui Springs is moving forward with plans to introduce several new product lines in the coming year. The increased manufacturing capabilities will allow for more flexibility in product development and faster time-to-market for new models.
We are also exploring opportunities to further expand our distribution network in Southeast Asia, Europe, and North America to better serve our international customers.
Fugui Springs would like to thank our employees, suppliers, and customers for their continued support as we enter this exciting new phase of growth.
