JSHL: The Mexico factory will achieve full production in Q2
JSHL General Manager Qiu Yongning stated at the company's 2024 annual and Q1 2025 performance briefing held this afternoon that the company's Mexico factory is currently in small-batch trial production and will enter full-scale production in Q2 to meet the demand of the Americas market. In the future, the company's profit growth will mainly come from the increase in market share of hydraulic pump and valve products in the construction machinery market, the continuous release of industrial hydraulic products, and the revenue contribution after the capacity ramp-up of JSHL Precision Industry
