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Dec. 31, 2024
In the context of the globalized economy, precious metals, as important strategic resources, have become industries that countries are competing to develop in terms of recycling, refining and processing. On November 27, 2024, Huatuo Metals successfully established a branch in Malaysia, marking an important step for the company in its global market layout.
Malaysia, located in the heart of Southeast Asia, is a country with rich natural resources and a stable political environment. Its superior geographical location and well-developed transportation network provide convenient conditions for international trade and logistics.
Huatuo Metals is a large foreign-funded enterprise engaged in the recycling, refining and processing of rare and precious metal scraps worldwide. The company established a branch in Malaysia to further expand its business territory by utilizing local superior resources. The establishment of the Malaysian branch will not only help Huatuo to enhance its competitiveness in the global market, but will also inject new vitality into local economic development. The company plans to improve the efficiency of scrap metal refining by introducing advanced production technology and equipment, while strengthening cooperation with global companies to jointly promote the development of the precious metal recycling industry.
Looking to the future, the Malaysian branch of Huatuo will uphold the concept of "innovation, collaboration, and win-win", and strive to become a leader in the field of rare and precious metal recycling. The company will continue to increase its investment in technology research and development and market development, promote industrial upgrading and transformation, and contribute to the development of the rare and precious metal recycling industry in Malaysia and even the world.
The establishment of the Malaysian branch of Huatuo is not only an important supplement to the company's global layout, but also a strong proof of Malaysia's economic development potential. We believe that with the joint efforts of both parties, this cooperation project will achieve fruitful results and bring a better future to both parties!
Future development plan of the Malaysian branch
Deepen the rare and precious metal industry chain: The Malaysian branch will rely on the rich local rare and precious metal resources to further expand the scrap metal recycling and processing business, and is committed to building a full industry chain system to enhance the added value of the industry.
Strengthen technology research and development and innovation: The company will increase investment in technology research and development in the efficient utilization of rare and precious metals, green refining, etc., to enhance product competitiveness and market share.
Expand international cooperation: Taking advantage of Malaysia's geographical location, the branch will actively seek cooperation with international companies to jointly explore the international market.
Promote green and sustainable development: The company will actively respond to global environmental protection trends, promote green production, reduce energy consumption and emissions, and achieve a win-win situation of economic and environmental benefits!
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