富士康加码投资河南 合资公司与扩产项目齐推进

Core Insights - Foxconn has established its first state-owned joint venture in Zhengzhou, named Henan Hongchuang Technology Co., Ltd., with a registered capital of 2 billion yuan, focusing on high-end electronic product precision manufacturing, expected to commence production in Q2 2026 [1][2] - The expansion project of Foxconn's production line is actively under construction, with plans to build two new factories totaling approximately 100,000 square meters, aimed at optimizing production layout and expected to be delivered by May 2026 [3][7] Company Developments - The joint venture between Foxconn's subsidiary and Zhengzhou Airport Investment Group signifies a deepening relationship and commitment to the region, promoting the advancement of Henan's electronic information industry towards high-end and intelligent development [1][2] - The expansion project is described as a stable development and enhancement of existing industry, providing a solid foundation for regional economic growth, while the new joint venture is expected to inject new vitality into regional development, creating a "dual-drive" for the electronic information industry in Zhengzhou Airport [7] Economic Impact - Zhengzhou Airport Zone reported that by 2025, Foxconn's Zhengzhou Comprehensive Bonded Zone is projected to achieve a total import and export value of 435.956 billion yuan, representing a year-on-year growth of 15.84%, with exports reaching 263.418 billion yuan, up 17.82%, significantly supporting the growth of Henan's import and export activities [7]