Opening ceremony of ACESO production base successfully held in Vietnam
The grand opening ceremony of Modern Dental Group $MODERN DENTAL(03600.HK$ ACESO production base was successfully held in Dong Nai, Vietnam on 28 March, embarking on its new journey towards accelerated growth globally. The first phase of the Vietnam production building is officially in operation, aimed for production of diverse prosthetic devices and products. The establishment of the new facility is expected to attract more skillful talents, significantly enhance the Group’s production capacity, with an aim to promote diversification of product portfolio and improve the stability of its supply chain.
ACESO is expected to achieve an annual production capacity of up to 500,000 units under full capacity. Leverage on the relatively low labor costs in Vietnam, it provides significant cost advantages to the Group. In terms of talents and technology, the first phase of the Vietnam facility can accommodate over a thousand dental technicians. Given the set trend of dental digitalization, the production facility is equipped with the state-of-the-art technologies to establish a digital and intelligent management system. It enables the Group to stay at the forefront and capture new business opportunities in the industry, laying a solid foundation for its sustainable growth.
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