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GONVVAMA signed an investment memorandum on August 7, 2026, for a Phase IV expansion of its Loudi plant in China, with a total investment of 105 million yuan. The project will add a 5,000-square-metre workshop and two intelligent production lines for high-end auto component processing.
GONVVAMA is constructing a third-phase project at its Loudi factory with an investment of 101 million yuan to establish a new door ring production line, expected to achieve mass production by end of September 2024.
| Site | Largest | Latest |
|---|---|---|
| Loudi Economic and Technological Development Zone, China | $14.5M | 2026-08-07 |
| Loudi, China | 2024-07-12 |