Zhejiang Hailide New Material Co.,Ltd. indicated in response to investor inquiries that its Vietnam facility is currently concentrating on expanding the production capacity for polyester industrial yarn and tire cord fabric, with the related capacity construction progressing according to schedule. The new capacity will primarily target the needs of global enterprises' overseas factories, deploying industrial yarn and tire cord fabric capacity, while also supporting it with polyester chips; it is expected that the capacity construction will be gradually completed over the next 2-3 years, ultimately forming a dual-base capacity layout of "domestic + Vietnam" to enhance global supply chain responsiveness.
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