Xindeco IoT Malaysia Opens a New Chapter

On December 18, 2024, Xindeco IoT Malaysia Sdn. Bhd. (“Xindeco IoT Malaysia”), a wholly-owned subsidiary of Xindeco IoT, held its grand opening ceremony at the Arab-Malaysia Industrial Park in Negeri Sembilan, Malaysia. This milestone marks a significant step forward in Xindeco IoT’s international expansion and ushers in a new chapter in its global development.

At the ceremony, Wu Zhongping, General Manager of Xindeco IoT Malaysia, extended a warm welcome and sincere thanks to representatives from Malaysian government agencies, customers, and partners present at the event. She stated that, as a manufacturing enterprise leading the overseas expansion within the ITG Holdings Group, Xindeco IoT Malaysia will proactively align with industry trends and accurately respond to market demands. Using Malaysia as a strategic hub, the company aims to establish an overseas production base and a global marketing network, laying a solid foundation for international growth.

YB Tuan Teo Kok Seong, State Assemblyman of Negeri Sembilan, delivered a speech highlighting that the establishment of Xindeco IoT Malaysia’s RFID tag factory align closely with Malaysia’s NIMP 2030 “New Industrial Masterplan”—supporting the nation’s innovation-driven and sustainable development goals. He emphasized that the factory will enhance Malaysia’s competitiveness as a global investment center and advance the country toward becoming a regional technology powerhouse.

Xindeco IoT Malaysia is equipped with six Muehlbauer bonding production lines and two Muehlbauer composite production lines, with an expected annual production capacity of 1 billion units. Once fully operational, the facility will significantly strengthen Xindeco IoT’s position and core competitiveness in the global RFID tag supply industry, providing robust support for the company’s international strategy.

The opening of Xindeco IoT Malaysia demonstrates the company’s determination and capability to become a globally competitive RFID tag manufacturer. Looking ahead, Xindeco IoT will continue to drive industrial upgrading through technological innovation, contributing to the prosperity and development of the global RFID industry.

The opening ceremony was attended by Li Yong, General Manager of ITG; Wu Xiaoqiang, Executive Vice General Manager of Xindeco Co., Ltd.; Wu Hui, General Manager of Xindeco Co., Ltd. Human Resources Department; Zhang Shaoqun, Executive Vice General Manager of Xindeco Information Technology; Wen Guoping, General Manager of Xindeco IoT; as well as representatives from local Malaysian government, banks, chambers of commerce, business partners, and clients.