
In recent years, the company has continuously focused on the transformation and upgrading of the manufacturing industry, implementing the three major transformations of manufacturing—”green, intelligent, and technological”—proposed by the Henan Provincial Party Committee and the Henan Provincial Government. We have accelerated the construction of an intelligent manufacturing industrial park and focused on developing fully automatic, highly intelligent, and environmentally friendly, cutting-edge lifting products. We are closely aligned with the Belt and Road Initiative and aiming to capture a larger share of the international market. Vietnam Nghi Son Steel Group embodies our commitment to aligning with the Belt and Road Initiative, vigorously promoting high-quality development, and exporting our products, technologies, and services. Vietnam Nghi Son Steel Group, the largest subsidiary of Vietnam’s VAS Group, primarily produces rolled steel, and all of its lifting equipment is sourced from China. In 2020, we are already well on our way. We will continue to drive the transformation and upgrading of the traditional lifting industry, produce products that meet market demand, and expand into domestic and international markets, aiming to truly become a leader and market benchmark in the lifting industry.