Topband's Global Supply Chain Layout

SHENZHEN, China,Nov. 11, 2024/PRNewswire/ --Founded in 1996, Topband is a global leading provider of intelligent control solutions.After about 30 years of development, Topband mainly engages in R&D, production, and sales of intelligent control system solutions, providing leading customized intelligent control solutions across home appliances, tools, new energy and industrial sectors, with the"four electrics and one network"technology of electric control, motor, battery, power supply and IoT platform as its core.

Topband's Q3 2024 report revealed revenue of approximately7.7 billion yuan($1.05 billion) from January to September (statistics based onChina'slisted company rules), a 21.04% year-on-year increase, marking four consecutive quarters of growth. Overseas revenue also rose from 16% in 2023 to 21% in 2024, driven by Topband's strategy of"rooted inChina, expanding globally, close to customers."

Topband's global manufacturing network spans multiple strategic locations:Shenzhen,Huizhou, andNingboinChina;VietnamandIndiainSoutheast Asia;Mexicoin North American; andRomaniainEurope. This allows Topband to provide responsive, localized delivery, supporting resilient growth.

InChina, Topband's factories are located in the Pearl and Yangtze River Deltas—regions with strong industrial bases and logistics.Topband operates factories inShenzhen,Huizhou,Ningbo, and a facility under construction in Nantong, optimizing regional resources for efficient production and rapid market response.

Internationally, Topband's supply chain is built for flexibility and resilience. Its first overseas factory inIndia(2016) marked its global expansion. In 2019, Topband established a factory inVietnam, capitalizing on local labor and infrastructure. To support customers in the Western Hemisphere, Topband opened a plant inMonterrey, Mexico, in 2021. That year, Topband also strengthened its European presence with a factory inRomaniato meet regional demand.

Production responsibilities are strategically divided among locations:China'sfacilities produce most tool, home appliance, new energy, and industrial products.VietnamandMexicofocus on tool components, whileIndiaandRomaniahandle home appliance components.

TheVietnamandIndiaplants have achieved large-scale production with rapidly growing capacity, whileMexicoandRomaniaare ramping up production and optimizing operations. By Q3 2024,VietnamandIndiaplants had surpassed their 2023 outputs. TheMexicoplant recorded over100 million yuanin output, with significant growth, whileRomaniaachieved tens of millions output levels since launching last year. These figures highlight the strong performance of Topband's overseas facilities.

With geopolitical challenges and natural disasters posing risks, Topband has made supply chain resilience a priority. It has implemented a rigorous global supplier certification system, using itsShenzhenheadquarters as a central planning hub to coordinate 13 production and R&D centers and 26 subsidiaries globally, ensuring efficient logistics and compliance.

By 2023, around 1.45 billion products equipped with Topband's intelligent systems had entered households worldwide.Guided by its values of"Agility, Innovation, Partnership,"Topband is advancing its global footprint, enhancing operations, and accelerating Chinese"smart manufacturing"worldwide to create a more intelligent, beautiful future with its clients.

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SOURCE TOPBAND