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      Page 37 - 2025 BMU_Spring
      P. 37

      Top Stories
      
      HL-VN (HL GROUP))
      
      HL-VN’s factory in Vietnam occupies
      
      25,000 square meters of land, with a building
      
      area of 15,000 square meters, and started mass
      
      production in 2018. In June 2023, HL acquired
      
      an additional 50,000 square meters of land for
      
      a second factory, bringing the total land area to
                                                                                                         ▲HL GROUP Chairman Jim Liao shares the reason for setting up a factory in
      
      over 70,000 square meters. Groundbreaking for Vietnam.
      
      the new factory took place on November 29,
      
      2023, and the first phase of construction, cov-
      
      ering 15,000 square meters, is expected to be
      
      completed by June 2025. The new factory will
      
      feature die-casting, CNC, and powder coating
      
      equipment, initially producing bicycle frames
      
      and adjusting the production capacity of the
      
      mainland factories.
      
      HL-VN’s ?rst factory specializes in pro-
      
      ducing aluminum alloy components and is well-
      
      equipped with equipment including 10 million-
      
      ton hot forging machines, T4
      
      heat treatment machines, 650-
      
      ton die-casting machines for
      
      fork tubes and seat posts, 400-
      
      ton machines for seat tube junc-
      
      tions, 28 CNC machines, and
      
      more. HL emphasizes quality
      
      control, with a full range of test-
      
      ing equipment to ensure strict
      
      product quality standards.
      
      HL GROUP’s Assistant
      
      to the Chairman, Louis, noted        ▲HL-VN Vietnam factory held its groundbreaking ceremony on November 29, hosted by HL Shenzhen
      that HL-VN is actively pursuing      CEO Howard Liao (third from left).
      
      ESG initiatives, having already
      
      obtained certifications like ISO
      
      14064 and BSI, and is working
      
      toward SA8000 certification by
      
      2025. The new factory will also
      
      aim for LEED Gold certifica-
      
      tion for green building practices,
      
      with 8,000 square meters of
      
      rooftop solar panels generating
      
      1.1 MW, expected to produce 1.5
      
      million kWh annually.
      
                                                       2025 Bike & E-Bike Market Update 35
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