[Rayong, Thailand – October 27, 2026] TES (SZSE: 003019.SZ), a leading provider of touch display solutions, today held a grand inauguration and ribbon‑cutting ceremony for Phase I of its manufacturing base in Rayong Province, Thailand. TES Chairman Kevin Lee led the core executive management team to attend the event, gathering with local government officials from Rayong Province and supply chain partners to witness this crucial strategic milestone. With an initial investment of US$24 million, the official commissioning of the new Rayong plant marks a further expansion of TES's manufacturing footprint in Southeast Asia and signals that its global strategic layout has entered a new stage.
Ⅰ. Opening a New Chapter: Inauguration & Ribbon‑Cutting Ceremony of Phase I
The ceremony integrated local Thai cultural traditions with traditional Chinese customs, expressing hopes for the company’s steady development and lasting prosperity. Following the blessing ceremony, the inauguration meeting officially began.
In his opening speech, Kevin Lee, Chairman of TES, stated:
"The commissioning of the Rayong plant in Thailand marks the full implementation of TES’s global 'Dual‑Core Smart Manufacturing' strategy. We expect that the cutting‑edge technology applications produced here—including interactive smart displays, interactive all‑in‑one PCs, and smart automotive displays—will generate tens of millions of US dollars in production value for the local economy. Grounded in our dual manufacturing bases in China and Thailand, TES will leverage higher supply chain resilience and more flexible delivery capabilities to help global customers mitigate trade risks, capture market opportunities, and achieve long‑term, mutually beneficial prosperity."
A representative of the Rayong District Office delivered a speech on behalf of the local government, expressing a warm welcome and high recognition for TES's investment while looking forward to TES driving local supply chain development and job growth.
Subsequently, government representatives, TES management, and key supplier representatives jointly cut the ribbon and unveiled the plaque, declaring the Rayong plant officially operational amidst warm applause. After the ceremony, guests were guided on a factory tour to visit administrative office areas and open production workshops, gaining deep insights into the plant layout, strict quality control systems, and efficient operational model.
Ⅱ. Rayong Smart Manufacturing Base: Scale Upgrade, Full‑Spectrum Delivery Empowerment
Located within the WHA Industrial Estate in Rayong, Thailand, the TES Rayong plant covers a total land area of 42,399 m² with a total building area of 26,630 m², reserving space for future expansion. It stands as TES's largest single manufacturing base in Southeast Asia to date. The company will systematically execute the full migration and integration of its Chonburi and Rayong operations in phases.
The Rayong plant adopts a phased plan of "Initial Phase Commissioning, Subsequent Expansion":
- Phase I Facilities: Construction of the production plant, administrative offices, and employee living support facilities has been completed. The current workforce is approximately 300 employees, with production capacity ramping up rapidly.
- Future Plans: Production lines will be further expanded based on global market demand to fully broaden product categories and delivery capabilities.
The Rayong Plant’s current monthly planned capacity includes:
7–55" Touch Monitors & All‑In‑One PCs: 65,000 units、SMT‑related Products: 300,000 units、Automotive Touch Display Modules: 120,000 sets、Automotive Optical Bonding Products: 120,000 units、Automotive Assembly Lines: 30,000 units. Moving forward, the plant plans to add 1 additional assembly line and 2 bonding lines to robustly meet the stable delivery requirements of medium‑to‑large batch OEM and ODM orders.
Ⅲ. Deepening Roots in Southeast Asia to Create Long‑Term Value for Global Customers
The official commissioning of the Rayong plant brings multiple strategic value upgrades for TES's global OEM/ODM partners:
- Efficient & Fast Delivery: Situated at the heart of Thailand's booming Eastern Economic Corridor (EEC), the Rayong plant is only about 1.5 hours (113 km) from Bangkok Suvarnabhumi International Airport and 1 hour (70 km) from Laem Chabang Deep Sea Port. This strategic location greatly enhances international trade and logistics efficiency.
- Operational Stability & Policy Support: Located in the WHA Industrial Zone, the plant enjoys top‑tier infrastructure and master planning. It has received Investment Promotion Privileges (BOI) certification from the Thai government, leveraging a high‑quality production environment to ensure superior quality and on‑time delivery.
- Diversifying Trade Risks: By offering flexible options for country of origin, TES assists clients in adapting smoothly to changing global trade environments, optimizing tariff structures, and mitigating single‑region trade risks.
- Enhancing Supply Chain Resilience: Through cross‑regional multi‑base synergy, TES establishes a capacity redundancy framework to effectively buffer against regional supply chain fluctuations and guarantee order delivery stability.
Ⅳ. Uncompromising Quality: Continuously Optimizing the Global Smart Manufacturing Footprint
Upholding the corporate mission of "Combining Humanity and Technology to Serve the World," the Rayong Plant has fully implemented TES's globally unified quality management system. From supplier management to final outgoing inspection, standardized control is enforced across every process to ensure that all global products adhere to consistent high‑quality standards.
The official operation of the Rayong Plant in Thailand represents a key milestone in TES's globalization journey. Looking ahead, TES will continue to cultivate the Southeast Asian industrial ecosystem and optimize its global manufacturing layout—delivering enhanced capacity, superior service, and highly competitive cost structures to continually repay the trust and support of our global clients.
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