Gelonghui April 19丨Hengdian Dongji (002056.SZ) held a performance briefing on April 18, 2024 to discuss “Can you introduce the pace of release of the company's overseas production capacity and the corresponding market expansion plan?” The company replied that the company has three industrial bases in Southeast Asia. The Southeast Asia PV plant is expected to be completed and gradually put into operation in June and July of this year. Since there is currently relatively little TopCon technology in the overseas market, the company is expected to make good progress in the US market in the second half of the year; the Vietnamese magnetic materials factory is expected to be completed and the first production line will be added next year; in addition, construction of the Thai factory is also progressing in an orderly manner, and the product is expected to be launched in the second quarter of next year. The construction of these overseas manufacturing bases can help the company develop overseas markets to a certain extent.