Will Kunshan Liuhe Foundry be relocated?

Don't. Upon inquiry, the three companies under Liuhe Group jointly stated that the relocation of Netcom to Vietnam was false information. Liuhe Group did not withdraw its capital, but dissolved a production line and intended to increase capital and expand production, so it was not a relocation. Liuhe Casting Industry (Kunshan) Co., Ltd. was established in 2002, located in Suzhou City, Jiangsu Province, and is an enterprise mainly engaged in automobile manufacturing.