Hanbang Automotive Accelerates Expansion into Portuguese-Speaking New Energy Markets

Hanbang Automotive Signs Agreement with Angola Guangde New Energy, Expanding into Portuguese-Speaking Markets through the Jiangsu-Macau Business Summit

From October 22nd to 25th, the 15th Jiangsu-Macau-Portuguese-Speaking Countries Business Summit was successfully held in Macau. As an important platform for deepening cooperation between Jiangsu, Macau, and Portuguese-speaking countries, the summit attracted more than 180 Chinese and foreign guests from the three regions. After years of dedicated efforts, Jiangsu has established 26 pairs of international sister cities or friendly exchange cities through this summit, and has conducted more than 50 series of matchmaking activities with Macau and Portuguese-speaking countries, signing more than 50 cooperation agreements and promoting the implementation of projects worth nearly US$10 billion. Currently, there are 747 enterprises from Macau and Portuguese-speaking countries investing in Jiangsu, with actual foreign investment of US$2.19 billion; Jiangsu has 154 enterprises investing in Macau and Portuguese-speaking countries, with contracted investment of US$1.25 billion. The excellent exchanges between the two sides laid a solid foundation for this international cooperation of Jiangsu Hanbang Automotive (Group) Co., Ltd.

The Jiangsu-Macau Summit Provides a Platform, Hanbang Automotive Secures Cooperation Opportunities in Angola

At the project signing ceremony of this summit, Jiangsu Hanbang Automotive (Group) Co., Ltd. signed a memorandum of understanding with Angola Guangde New Energy. This move marks a crucial step for Hanbang Automotive in its layout in the Portuguese-speaking market and builds an important bridge for its new energy electric tricycle products to enter the African market.
Jiangsu Hanbang Automotive (Group) Co., Ltd.'s partner, Guangde New Energy, belongs to Guangde International Group. It possesses mature import and export trade operation capabilities; it has good government relations in both China and Angola, and can provide policy coordination and resource support. At the same time, the group has rich experience in localized operations in Angola, which can help Hanbang Automotive quickly adapt to the local market, connect with business resources, and reduce the difficulty of expansion.

Outstanding Strength in Multiple Dimensions, Hanbang Automotive Lays the Foundation for International Cooperation

As an enterprise with a national Ministry of Industry and Information Technology Class A production qualification for electric motorcycles, Jiangsu Hanbang Automotive (Group) Co., Ltd., since its establishment in 2010, has built strong comprehensive capabilities in production capacity, technological research and development, and market brand, which is the core strength supporting this international cooperation. Jiangsu Hanbang Vehicle Industry (Group) Co., Ltd., headquartered in Fengxian County, Xuzhou, the core base of China's electric vehicle industry, has invested 550 million RMB in building a modern intelligent manufacturing factory. Since its "Meidi" intelligent manufacturing factory went into operation in 2021, it has introduced advanced equipment such as fully automatic servo laser pipe cutting machines and dozens of intelligent robotic arms, achieving high-end, intelligent, and intensive production with an annual production capacity of 300,000 electric tricycles.
Jiangsu Hanbang Vehicle Industry (Group) Co., Ltd. adheres to innovation-driven development and has accumulated over 450 product patents, including core technologies such as the Meidi "First Class" suspension seat. Through AI technology and 3D printing, Hanbang Vehicle has shortened the vehicle design cycle by two-thirds and independently developed vehicle bodies and frames, possessing four major production capabilities: R&D, stamping, welding, and assembly. This forms a complete system of "independent vehicle model R&D + self-made molds + core component production," resulting in highly competitive products.
Notably, in terms to market and brand, Jiangsu Hanbang Vehicle Industry (Group) Co., Ltd. has launched its high-end independent brand "Meidi" electric tricycles, while also establishing deep cooperation with 85% of the leading domestic brands of electric two-wheelers, three-wheelers, and four-wheelers, forming a dual-driven pattern of "leading with its own brand + cooperating with leading brands." Currently, it has over 8,000 outlets nationwide, serving 8 million users, and has obtained EU EEC export certification, exporting to nearly 30 countries including Indonesia, Turkey, and Germany, possessing mature international market operation experience, and is well-prepared to enter the Angolan market.

Actively expanding overseas markets, Hanbang Vehicle contributes to global green travel.

This cooperation with Guangde New Energy in Angola is an important step for Jiangsu Hanbang Vehicle Industry (Group) Co., Ltd.'s brand "going global." In the future, Hanbang Vehicle will continue to increase R&D investment, deepen intelligent manufacturing upgrades, and improve product technology content and quality. Starting with the cooperation in Angola, it will continuously expand into Portuguese-speaking countries and more global markets, expanding its overseas production and sales network. Meanwhile, Jiangsu Hanbang Vehicle Industry (Group) Co., Ltd. will leverage the cooperation platform between Jiangsu and Macau and Portuguese-speaking countries to actively connect with more international resources, promoting the global export of new energy electric three-wheeled vehicle technology and products. This will allow the company to continuously move towards its vision of becoming a "leading international new energy electric vehicle enterprise," contributing the strength of a Chinese company to global green transportation and sustainable development.