Jiangsu Xingda Steel Cord Co., Ltd. disclosed that the steel cord production equipment independently developed and manufactured by the company has been officially shipped to Xingda Thailand plant. These equipments include TB4 water tank drawing machine, various types of strander and so on.　　 　　According to the international logistics plan, this batch of equipment will arrive in Thailand at the end of January.
　　Xingda Thailand factory is located in Hemeile Industrial Park, Chonburi Province, Thailand, with a total investment of 1 billion yuan.
　　The plant is expected to be put into operation at the end of April 2019. After completion, it will have an annual output of 100,000 tons of steel cords. The products are mainly for the Southeast Asian market.
　　On December 18, 2018, Xingda Europe Co., Ltd. officially opened. This subsidiary is centered in Luxembourg and covers the whole of Europe.
　　Xingda said its global development strategy can help the company reduce logistics and manufacturing costs.