Gelonghui on September 26th | Reid Asia Vets (301135.SZ) recently stated during a site visit that China's manufacturing going global is a key part of its global strategy, providing an important way to expand markets, acquire resources, and enhance competitiveness. With the Belt and Road Initiative concept advancing, Chinese companies are actively integrating into the global value chain and enhancing international competitiveness. The company adheres to a customer-centered, market-driven business philosophy to better meet customers' overseas business needs, by providing nearby customer support, the company has decided to go global. After conducting on-site inspections and comprehensive analysis of local economic and political environments, evaluating neighboring corporate resources, target customer distribution, and strategic directions of key customers, the company ultimately chose to establish an overseas production base in Tannay, Vietnam. The Vietnam base is the first step in Reid Asia Vets' global strategy, and in the future, the company will further expand its global presence at the right time; achieving a dual-circulation of domestic and overseas markets, responding quickly to global market changes, with agile delivery, and building global market influence. The Vietnam production base officially opened on August 31, 2024, and entered the trial production phase.