Thailand New Plant Breaks Ground, Projected for Mass Production in 2026

Ventec International Group Co., Ltd. (6672 TT) held a groundbreaking ceremony on the morning of July 30 at the Hi-Tech Industrial Park in Ayutthaya, Thailand. This marks a strategic milestone in Ventec 's Southeast Asian expansion and global manufacturing footprint enhancement. The event was attended by key stakeholders including Mr. Wittaya Phattanasiri (Representative of Thailand's Industrial Estate Authority, IEAT), Mr. Qian Qingyu (General Manager of China Construction Engineering (Thailand) Co., Ltd.), Chairman Yu-Tzu Wang, CEO Chien-Jen Chung, Director Yi-Cheng Chiu, and senior executives with partners.

The new factory covers an area of approximately 35,000 square meters. It is located about one hour's drive from Bangkok Airport and the port. The geographical location is excellent and it is the company's first production base in Southeast Asia. The first factory is expected to be put into use in early 2026 for the production of copper foil substrates and adhesive sheets. Based on market demand, it will expand production and is expected to start trial production in the first quarter of 2026 and enter full-scale production in the second quarter of 2026. Ventec will continue to leverage the group's long-term outstanding technical capabilities and the flexibility for small-batch and customized production to meet customer needs in the fields of automotive electronics, aerospace, high-grade heat dissipation, high-frequency and high-speed substrates, and AI high computing power applications, and serve customers in Thailand, Southeast Asia, Europe and the United States.

Yu-Tzu Wang, chairman at Ventec, commented: “The construction of the production base in Thailand will further optimize the company's global supply chain layout, significantly enhance production capacity and service capabilities, and provide customers with more efficient and high-quality solutions.”

Tenghui (Ventec) is committed to supporting its customers everywhere as global trading models evolve, moving to enhance supply chain resilience and diversify production bases. Currently, in addition to factories in Suzhou, Shenzhen, Jiangyin, and Taiwan in China, the company also has production bases in the UK, Germany, and the United States. Given that many leading printed circuit board manufacturers have chosen Thailand as their main production base, it has a mature upstream, midstream, and downstream industrial chain. Moreover, Thailand is also an important center for international automotive manufacturing and has a complete supply chain. Ventec has chosen Thailand as an important base for strengthening support to the Southeast Asian market. In the future, after the Thai factory commences production, in addition to maintaining the company's long-term leading position in thermal metal substrate materials, it is expected to increase market penetration rates in areas such as headlights, non-lighting cooling applications, ultra-high frequency radar, and aerospace applications. At the same time, it will provide more immediate design services and product innovation upgrade opportunities for global PCB and OEM customers. After the new factory is put into operation, there will be the opportunity to further expand market share and bring strong revenue growth momentum, providing long-term value for shareholders and investors.