Since New Year's Day, we have shipped nearly 100 units overseas, achieving a successful start to 2026.
In recent years, orders from Colombia, Mexico, Ethiopia, Indonesia, Pakistan, and other countries have continued to rise, with orders currently booked until the end of March this year.
Despite the overall industry downturn in 2025, our elevator business has achieved growth against the trend. Recently, Hongda Elevator's passenger elevators obtained GOST certification. This certification upgrade allows us to meet the specific needs of customers in Central Asian countries such as Russia and Belarus. To cater to the differentiated needs of overseas markets, we have also carried out targeted technology upgrades and process adjustments.
In response to Australian regulations prohibiting welding operations at construction sites, we optimized the production process of elevator components to a modular, weld-free process. All components are pre-assembled and welded in the factory before being shipped to project sites as individual units.
Addressing the compact elevator shaft space in the Russian market, our R&D team developed a customized design to adapt to non-standard shafts, precisely meeting local installation requirements.