Mingwang Co. Establishes Vietnam Subsidiary with $8 Million Investment
Mingwang Co. announced today the establishment of a wholly-owned subsidiary in Vietnam with an investment of $8 million USD, aimed at adjusting its overall operational strategy. The company also reported strong first-quarter financial results, with revenue of NT$238 million and a net profit attributable to parent company owners of NT$150 million, or NT$2.97 per basic share.
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- 📰 Published: May 12, 2026 at 21:36
- 🔍 Collected: May 12, 2026 at 22:02 (25 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 07:14 (9h 11m after Collected)
Mingwang Co. announced today the establishment of a wholly-owned subsidiary in Vietnam with a total investment of $8 million USD, intended for the adjustment of its overall operational strategy.
Mingwang Co. also simultaneously announced its first-quarter financial report, with quarterly revenue of NT$238 million, net profit attributable to parent company owners of NT$150 million, and basic earnings per share of NT$2.97.
Mingwang Co.'s main business operations include the manufacturing, processing, and sales of knitted garments, woven garments, and various other apparel, as well as the import and export trade of related products. According to information on Mingwang Co.'s official website, in terms of international layout, it currently has four major overseas production bases in Vietnam, China, Laos, and Myanmar, exporting globally. Through cross-regional factory collaboration, it forms a flexible international supply chain.
Mingwang Co. also simultaneously announced its first-quarter financial report, with quarterly revenue of NT$238 million, net profit attributable to parent company owners of NT$150 million, and basic earnings per share of NT$2.97.
Mingwang Co.'s main business operations include the manufacturing, processing, and sales of knitted garments, woven garments, and various other apparel, as well as the import and export trade of related products. According to information on Mingwang Co.'s official website, in terms of international layout, it currently has four major overseas production bases in Vietnam, China, Laos, and Myanmar, exporting globally. Through cross-regional factory collaboration, it forms a flexible international supply chain.
FAQ
What is the purpose of Mingwang Co. establishing a subsidiary in Vietnam?
The purpose is to adjust the overall operational strategy and strengthen international production capabilities and supply chain flexibility.
What are Mingwang Co.'s main business activities?
Mingwang Co.'s main business includes the manufacturing, processing, and sales of knitted garments, woven garments, and various other apparel, as well as the import and export trade of related products.
Besides Vietnam, where else does Mingwang Co. have overseas production bases?
Mingwang Co. has four major overseas production bases in Vietnam, China, Laos, and Myanmar.