China-based Haisco is actively pursuing joint ventures and distribution partnerships to accelerate international expansion, targeting a 35% increase in overseas revenue by 2027. The company is focusing on Southeast Asia and Europe as key growth markets.
- Haisco aims to grow overseas revenue from $1.2 billion in 2025 to $1.62 billion by 2027, representing a 35% compound annual increase.
- The company has signed non-binding memorandums of understanding with three regional partners: a Thai industrial automation firm, a Vietnamese construction equipment distributor, and a German engineering consultancy.
- Capital allocation for international initiatives is set at $280 million over the next two years, with 60% earmarked for joint venture equity and 40% for localized R&D centers.
- Haisco’s product portfolio includes precision CNC machines and modular industrial handling systems, which the company sees as high-demand in manufacturing hubs across ASEAN and Central Europe.
- The company expects to launch its first overseas production facility in Ho Chi Minh City by Q3 2026, targeting a 20% cost reduction in regional logistics.
- Haisco’s stock rose 7.3% in early trading on the announcement, signaling investor confidence in its international pivot.
Haisco, a mid-tier Chinese industrial equipment manufacturer, has announced a strategic initiative to strengthen its global presence through targeted partnerships. The move comes as the company seeks to diversify its revenue streams beyond domestic markets, where growth has plateaued. Haisco plans to enter into at least five new joint ventures by the end of 2026, with preliminary agreements already underway in Vietnam, Thailand, and Germany.
The information presented is derived from publicly available disclosures and corporate announcements. No third-party data sources or proprietary analytics were used.