Greenworks Vietnam Co., Ltd

GENERAL INTRODUCTION

Greenworks belongs to the Global Group. We have subsidiaries around the world, controlling the entire supply chain, ensuring efficiency, quality and responsiveness to consumer needs.
Our global headquarter is located in Changzhou, China. We have top-of-the-line modern factories with robotic production lines, which support the production of electricity, metals, plastics and motors.

Greenworks is the leader in battery-powered outdoor power tools for DIY-consumers and landscaping professionals. Our company distributes Greenworks-branded and private label products, as well as products for an extensive network of Original Equipment Manufacturers. With a robust lineup of Greenworks-branded products including 24V, 40V, 60V, 80V, and commercial-grade 82V battery-powered cordless outdoor power tools, a full line of corded equipment and reel mowers, Greenworks offers the right tool for every job.

Utilizing best-in-class technology, Greenworks tools deliver the power and performance of comparable gas-powered tools without the mess, noxious fumes, stamina-reducing vibration and noise associated with gas products.

DETAILED INTRODUCTION

Company name: GREENWORKS (VIETNAM) Co., Ltd.

Business registration certificate number: 0201920293

Issue date: initially on December 26th, 2018, the second amendment on June 16th, 2020

Issuing agency: Hai Phong City Department of Planning and Investment

Headquarter address: Factory P-1.1, P-1.2, P-1 Lot, Factory P-2.1, P-2 Lot, Factory P-5, P-8, P Lot, Trang Due Industrial Park, in Dinh Vu-Cat Hai Economic Zone, An Hoa

Commune, An Duong District, Hai Phong City, Vietnam.

Tel: 0225.3597.100
                              

LIEN HA THAI INVESTMENT SCALE

- Expected land area: 200,000 m2

- Total investment capital: 4,600,000,000,000,000 VND (in words: Four thousand six hundred billion Vietnam Dong.) equivalent to 200,000,000 USD (in words: Two hundred million US Dollars)

DESIGNED CAPACITY

Phase I (From when the Investment Registration Certificate is issued)

In the stable production year, the project achieved the designed capacity as follows:

- Expected land area: 46,000 m2 in C1-1 Lot, leased by the infrastructure investor of Lien Ha Thai Industrial Park (Green iP-1).

- Designed capacity (In 2024 - stable production year reaching 100% of capacity)

* Production of plastic components: 100,000,000 products/year, equivalent to 36,160 tons/year

* Production of metal components: 4,100,000 products/year, equivalent to 3,870 tons/year

Phase II from 2024

- Expected land area: 44,200 m2 in C1-1 Lot, leased by the infrastructure investor of Lien Ha Thai Industrial Park (Green iP-1)

- Designed capacity (In 2025- stable production year reaching 100% of capacity):

* Production of aluminum casting components: 4,210,500 products/year, equivalent to 1,549 tons/year

*Production of battery block for garden machine parts: 100,000 products/year equivalent to 200 tons/year

*Production of motor parts for garden machines: 20,000 products/year equivalent to 8.6 tons/year

Phase III expect to implement from 2025

All products manufactured in Phase I and Phase II are used to manufacture and assemble products of Phase III. Some plastic components for garden machines (stator and motor) will be sold back to the parent company.

- Expected land area: 109,800m2 in C1-1 Lot, leased by the infrastructure investor of Lien Ha Thai Industrial Park (Green iP-1)

- Designed capacity:

*Production of machinery and garden equipment components: 3,055,580 products/year, equivalent to 43,322 tons/year

* Production of plastic components: output 3,000,000 products/year, equivalent to 1,085 tons/year

Project progress

* Phase I (From 2021): The project is implemented on an area of ​​​​46,000 m2 and will be implemented according to the following schedule:

 *Phase II (From 2024): The project will be implemented on an area of ​​44,200 m2 and will be implemented according to the following schedule:

* Phase III (From 2025): The project is implemented on an area of ​​109,800 m2 and will be implemented according to the schedule as follows:

PRODUCTS