On November 27, 2025, HELI Industrial Vehicles (Thailand) Co., Ltd. held a groundbreaking ceremony for its integrated industrial vehicle and lithium battery assembly production facility at the Rojana Rayong Industrial Park in Thailand.

To strengthen its position as a global market leader and advance its international expansion strategy, Anhui Heli Co., Ltd. has formed a strategic partnership with Thai company Siam Motors Parts Co., Ltd. (SMP) to establish Heli Industrial Vehicles (Thailand) Co., Ltd. as a joint venture. Together, they are investing in a new manufacturing facility that will create an integrated production and sales platform for industrial vehicles and lithium battery systems in Thailand, enhancing their competitive edge and international brand influence.

The project covers approximately 84,330 square meters with a total construction area of 50,550 square meters, representing an investment of approximately 425 million yuan ($60 million USD). The facility will include integrated manufacturing workshops, battery production facilities, office buildings, a cafeteria, and supporting infrastructure equipped with intelligent production lines. Once fully operational, the plant will have an annual production capacity of 10,000 forklifts and 10,000 lithium battery sets.

Distinguished guests at the ceremony included Mr. Chen Xianyou, Deputy General Manager of Anhui HeliCo., Ltd.; Mr. Prakasit Phornprapha, Chairman of Siam Motors Parts Co., Ltd.; Mr. Yao Lepeng from China Automotive Engineering Corporation; Mr. Sun Xiaojun, General Manager of Rojana Industrial Park's China Division; Mr. Liu Hui, Sales Director; and representatives from local Thai government agencies.

In his address, Mr. Chen Xianyou welcomed and thanked the Thai government officials, partners, and friends in attendance. "As a leader in China's industrial vehicle sector, Anhui HELI has always embraced the world with an open mindset, viewing internationalization as our strategic horizon," he said. "Today's partnership with SMG and our investment in Chonburi Province represents our active response to the Belt and Road Initiative and our deep integration into global supply chains. This development not only advances HELI's globalization strategy but also demonstrates the practical benefits of complementary advantages and win-win cooperation between China and Thailand in advanced manufacturing."

Mr. Sun Xiaojun, representing Rojana Industrial Park, congratulated the project's launch and welcomed HELI Industrial Vehicles to the park. "With over 37 years of experience in developing and managing modern industrial parks, we pledge to treat HELI as our most valued partner," he stated. "Throughout the construction phase and future operations, we will provide the highest quality, most comprehensive, and efficient services to ensure the project's smooth progress and timely completion."

Mr. Prakasit Phornprapha, Chairman of Siam Motors Parts, expressed his pride in the partnership: "Siam Motors Group, through Siam Motors Parts Co., Ltd., is honored to establish this joint venture with Anhui Heli, a global leader in the industrial vehicle sector. This project represents a significant milestone in Heli's global expansion, and we are privileged to be part of this journey. The establishment of Heli Industrial Vehicles (Thailand) Co., Ltd. demonstrates not only Heli's confidence in the Thai market but also the strong trust and partnership between our organizations. As a long-standing reliable local partner for leading international industrial enterprises, Siam Motors Group is proud that HELI has chosen us to facilitate this major investment in Thailand."

The ceremony concluded with project leaders and guests jointly wielding ceremonial golden shovels to break ground, marking the successful launch of this significant industrial development.

Anhui HeLi Co.,Ltd. was founded in 1958 with the fore name Hefei Mine Machinery Plant- the core enterprise of Anhui Forklift Truck Group. In September 1993, Anhui Forklift Truck Group established the company exclusively in mode of finacing. In September 1996,the company issued 30 million stocks to the public, in the same year it was listed in Shanghai Stock Exchange on October 9th with a stock short name of "Anhui Heli" and a stock code of ‘600761’. Till December 31, 2005, the total capital stock of Anhui HeLi Co.,Ltd. were 30.7 million , with the circulation stock of 17.8 million, the total assets of 1.47 billion RMB,and the net assets of 1.05 billion RMB.

Anhui HeLi Co.,Ltd. mainly engages in the production and sales of forklift trucks,wheel loaders,engineering machinery,mining machinery, foundry parts,heat treatment manufacture. Metal materials, chemical raw materials (not including dangerous goods), electronic products, electrical machinery, rubber products sale; machinery technology consultation, information services and so on business; real estate, equipment property rent.

The leading products forklift truck and various types of warehouse equipment with "HELI" brand are widely used in industrial and mining enterprises,ports and harbors, airports, construction sites, shopping malls, warehouses, and for short distance transportation.Since established in 1993, Anhui HeLi Co.,Ltd. has set up the management idea of "transform traditional industry by the high and new technology", devoting to the research and development in forklift trucks and necessary components. Also it has been presenting many new products to public such as the forklift truck of X series, α series, H2000 series and G Series step by step, particularly the H2000 series forklift truck promoted in 2000 has the competitive advantages against with the similar products in the world and now is the leading product of our company with high performance, safe reliable, low noise and etc.; in 2005 the company has promoted a new generation of environmental protection G series forklift truck, further strengthenes the company’s competitive advantage in future. Anhui HeLi Co.,Ltd. also has developed the green environmental protection storage battery forklift, the petroleum liquid gas forklift and other new products. At present, its forklift truck and components products are the most full-specification,the largest scale,and their comprehensive performance is in the leading position at national same profession level, partial products even reach the international advanced level.

Otherwise the company has the most complete industry system with the biggest vanishing mold casting production base, the biggest cylinder production base, and the biggest steering axle production base in domestic forklift truck industry, also has the domestic leading forklift truck R&D,manufacturing, testing and inspecting ability, and each main economic index ranked No.1 in domestic same profession continuously for 18 years.Located in Hefei, the central province of Anhui, Anhui HeLi Co.,Ltd. belongs to the equipment manufacturing industry,and its development conforms with the political spirit of Rise of Central China Plan, lays great strength on the equipment manufacturing industry,the company is also listed in the Govenmental "861" activity plan and Main Pillar Industries which is the fixed-point production enterprise of Military Equipment for General Logistics Department of the People's Liberation Army.

Anhui HeLi Co.,Ltd. has passed ISO9001(2000) Quality System Certifications, CE Certification of imported and exported commodities, ISO14001 environmental management system, and was rewarded as "high-tech enterprises" in National High-Tech Zone by Scientific Office in Anhui province."HELI" brand has been successively rewarded as "No.1 Brand of Chinese Forklift Market","The Most Influential Brand of Chinese Forklift Market" and was rewarded as "The Key Export Brand with Fostered and Promoted by the Ministry of Commerce of the P.R.C"and "Famous Trademark of China". It was named as "User Satisfactory Product Nationwide" by User Committee of China Association for Quality Inspection Center and has been rewarded the names as "Satisfactory Service from Nationwide Users" and "Satisfactory Enterprise from Nationwide Users".