Xingyu Co., Ltd. signed the second phase of the Serbian factory, further expanding global car lighting production capacity

On May 27, Xingyu Holdings signed a second-phase investment agreement with the Serbian government to add smart car lighting and electronic business production capacity. The company started the first phase of the Serbian project as early as 2019 and has entered the mass production stage in 2022, with an annual output of 5.7 million lamps and serving mainstream car companies such as Mercedes-Benz and BMW. This expansion will further strengthen its European market presence.