A worker at a subsidiary of HGTECH. [Photo/WeChat account of Optics Valley of China]

At the beginning of the Chinese New Year, various subsidiaries of HGTECH successively resumed production and operations.

HGTECH is based in the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC).

On the seventh day of the first lunar month, Wuhan Huagong Xingaoli Electron Co achieved a staff return rate of over 90 percent. The company's work relating to new energy vehicles, smart home appliances, and photovoltaic energy storage are now in full swing. The company is expecting 30-percent year-on-year increase in orders for the first quarter of 2024.

The HGLASER intelligent equipment project teams remained stationed at the frontlines of overseas clients in Europe, Thailand, Turkiye, and other locations during the Spring Festival holiday, ensuring customer deliveries.

To expedite the progress of key projects, the delivery teams for HGLASER's automotive equipment automation projects, such as those for Chery and SAIC MAXUS, have been working 16-hour work days, thus accelerating equipment installation and commissioning.

To meet urgent demands from clients, HGLASER's semiconductor panel business unit coordinated closely with multiple departments to successfully complete the delivery of intelligent prototypes before the holiday.

During the Spring Festival holiday, dozens of employees from HGLASER's international business after-sales team remained at overseas project sites in Poland, Turkiye, Malaysia, and other locations, providing efficient and high-quality services to clients.