Recently, President Guo led members of the leadership team of Hongfa Group to attend the topping-out ceremony of the Hongfa Germany factory. Chinese Consul General in Frankfurt, Huang Yiyang, Mr. Luo Baitao of FRM (investment promotion agency in France, Main and Rhine regions), and Ms. Prazhe, an official of the Maintal city government, jointly witnessed this important milestone in development.

President Guo warmly welcomed the guests who came to attend the ceremony, expressed sincere gratitude to the design and construction units of the engineering construction, and sent sincere greetings to the Hongfa employees who have worked hard for the construction of the factory and the development of the company. Mr. Guo emphasized that Hongfa's establishment of factories in Europe is not only to meet customer needs and provide localized product supply and services to more European customers, but also to enhance Hongfa's brand influence and promote overseas market development from the perspective of Hongfa's manufacturing internationalization strategy.

The initial plan for the German factory building constructed in this investment is about 4000 square meters. The Hongfa German factory is a fully automated production line independently designed by Hongfa. By 2025, the factory will begin small-scale production. The completion of the German factory is of great significance to the future development of the group, which can further promote the implementation of internationalization strategy, continuously enhance the influence of Hongfa brand, continuously expand core competitive advantages, and lay a new foundation for "Century Hongfa".