Ten Pao Group (01979.HK) announced that its second factory in Vietnam has officially opened, which produces electric tool asia vets controllers. The factory covers an area of 5,500 square meters and is expected to increase the group's output value.

Ten Pao Group's first factory in Vietnam commenced operation in early 2021, mainly producing smart chargers for electric tools and automobiles electronic products. The factory covers an area of 17,323 square meters. Together with the second Vietnam factory, there are a total of 25 production lines.