Lee Chi (Promax) To Boost Production with New Plants in Indonesia and Vietnam
CHANGHUA, Taiwan - Lee Chi Enterprises Co Ltd that makes braking, cockpit, drivetrain and MTB parts under the Promax brand, is planning to build new plants in Indonesia and Vietnam. The company's revenues showed a close to 6 percent growth in the first five months of the year and forecasts an even better result in the second half of this year as higher demand for e-bike parts are to bring extra growth momentum. With the new plants Lee Chi also looks to diversify into the automotive and scooter industries.
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