Details Introduction
Good News | Hengkai Electric’s Vietnamese and U.S. subsidiaries have been officially registered, marking two further steps in its international expansion.
Release time:
2026-09-04
Major Good News
Recently, Hengkai Electric Co., Ltd. has achieved another milestone in its international expansion: Hengkai Electric (Vietnam) Co., Ltd. and Hengkai Electric (USA) Co., Ltd. have successfully completed their registration, officially establishing operations in Ho Chi Minh City, Vietnam, and Atlanta, Georgia, USA. This marks a significant step forward in the company’s “Hunan Products Go Global” strategy and its global market‑entry plan.

Based in Vietnam, the company is deeply committed to developing the ASEAN market. HENGKAI ELECTRIC VIETNAM CO., LTD. was granted its business license on July 7, 2026. It is a single-member limited liability company with a registered capital of VND 50 billion, headquartered in Ho Chi Minh City, Vietnam. As a key pillar in the company’s strategy for entering the Vietnamese market, the Vietnamese subsidiary will leverage local geographic and industrial advantages, as well as the growing demand for power infrastructure development, to provide high‑quality electrical products and professional services to local customers.

Entering the U.S. market to connect with North America. HENGKAI USA INC. was officially registered on August 19, 2026, with approval from the Secretary of State’s Office of the State of Georgia, and its registered address is in Atlanta, Georgia. Serving as the company’s foothold in the North American market, the U.S. subsidiary will help facilitate access to the North American power‑grid sector, expand the base of high‑end international customers, and further enhance the global influence of the “HENGKAI ELECTRIC” brand.
From Cambodia to Vietnam and then to the United States, the company’s overseas expansion has been steady and far‑reaching. The successive establishment of overseas subsidiaries represents a concrete step by Hengkai Electric in actively responding to the national Belt and Road Initiative and deeply integrating into the new development paradigm of dual circulation—both domestic and international. It also marks an important achievement in building an internationalized operating system, rooted in Hunan yet oriented toward the global market. Moving forward, Hengkai Electric will leverage its three major overseas platforms—in Cambodia, Vietnam, and the United States—to coordinate and advance international market development, accelerate the creation of a global service network spanning Southeast Asia, North America, and beyond, and deliver higher‑quality products and services to customers worldwide, thereby contributing Hengkai’s strength to the global outreach of “Made in China.”
Related News
From March 15-16, Li Guiping, Chairman of Hengkai Electric Co., Ltd. (hereinafter referred to as Hengkai Electric), and Lin Jianfeng, General Manager of Hengkai Electric (Cambodia) Co., Ltd. (hereinafter referred to as Cambodia Company), conducted an in-depth investigation into the Cambodia Company's business in Cambodia. They comprehensively understood the operational status of the Cambodia Company, clarified the strategic direction for the company's future development, and helped the company achieve rapid development in the Cambodian market.
On March 13, 2025, Li Guiping, Chairman of Hengkai Electric Co., Ltd. (hereinafter referred to as Hengkai Electric), founder of Hengkai Chunqiu Electric (Thailand) Co., Ltd. (hereinafter referred to as Hengkai Chunqiu), and Shen Yinghui, General Manager of the New Energy Business Department of Hengkai Electric, along with Li Qinghe, founder and general manager of Hengkai Chunqiu, went to Thailand to conduct a field inspection of the ongoing project (Bang Lamung 115kV substation project). They gained an in-depth understanding of the project's progress, injecting strong impetus into the company's international business development. This inspection not only demonstrates the company's high regard for overseas projects but also further shows the company's firm determination in expanding the international market and promoting its global strategic layout.
On the afternoon of January 22, 2025, Mr. Wang Zujian, Chairman and President of the China International Friendship City Promotion Association, and his delegation visited our company for investigation and guidance. Mr. Li Guiping, Chairman of the Board of Directors of our company, warmly received them and presided over a meeting. Both sides held a very friendly and pleasant exchange, with relevant personnel from our company participating in the meeting.
On December 9, 2024, a group of four people including Li Guiping, Li Qinghe, and Liu Xiaoxin, founders of Hengkai Chunqiu Electric (Thailand) Co., Ltd. (hereinafter referred to as Hengkai Chunqiu), visited the Thailand representative office of the Asia-Pacific regional headquarters of China Hydropower Construction Group 15th Engineering Bureau Co., Ltd. (hereinafter referred to as China Hydropower 15th Bureau). Shen Changchun, project manager of China Hydropower 15th Bureau's Thailand substation project and Thailand country representative, warmly received them.
On the afternoon of October 31, 2024, Hengkai Electric Co., Ltd. (abbreviated as: Hengkai Electric) and Thai Chunqiu Engineering and Construction Co., Ltd. (abbreviated as: Chunqiu Decoration) reached a consensus based on the principle of mutual benefit and common development. Strategic cooperation intention. The signing ceremony of the strategic cooperation agreement was held in Changsha, Hunan, and the strategic cooperation agreement for the establishment of "Hengkai Chunqiu Electric Thailand Co., Ltd." was signed.
On the afternoon of October 30, Xiao Guogang, chairman of Thailand-China-ASEAN Economic and Trade Promotion Association and former economic adviser to Thailand's prime minister, led a delegation of Thailand-China-ASEAN Economic and Trade Promotion Association to our company to inspect and discuss photovoltaic new energy, intelligent power engineering cooperation and other matters.