HUAMEI HOLDING(SZ:000607) 3 6 Ke·2026-02-05 08:27Core Viewpoint - The article discusses the challenges and strategies of Chinese companies expanding overseas, highlighting the importance of localization and understanding local markets in different regions such as Southeast Asia, North America, and Central Asia [1][2]. Group 1: Thailand Experience - The company began its internationalization strategy 25 years ago, initially focusing on Thailand due to prior familiarity with local technology and a favorable investment environment [3]. - The establishment of the Thai-Chinese Rayong Industrial Park was a collaborative effort, emphasizing the need for a long-term presence and local talent to navigate the complexities of the local market [4][5]. - The shift from a cost-driven approach to a service-oriented model became evident, as companies sought stability and support in unfamiliar environments [5][6]. Group 2: Mexico Development - The second overseas park was established in Mexico, driven by the trend of Chinese companies seeking stable supply chains and proximity to the U.S. market [6][10]. - The initial phase involved significant infrastructure development, transforming barren land into a functional industrial park, which required negotiation with local authorities for essential resources [7][8]. - The first tenant was a Zhejiang-based company that recognized the potential of the park, highlighting the importance of building trust and a good reputation in attracting businesses [8][9]. Group 3: Uzbekistan Expansion - The company is now focusing on Uzbekistan, which is seen as a rapidly growing market with favorable trade policies and a large population [10][11]. - The challenge lies in the underdeveloped infrastructure, necessitating a gradual approach to resource acquisition and park development [11]. - The company aims to attract small and medium-sized enterprises to the new industrial park, capitalizing on the relatively low competition in the Central Asian market [10][11].