NWESTERN SOLAR VIETNAM CO., LTD

NWESTERN SOLAR VIETNAM COMPANY LIMITED (Local name: Công Ty TNHH NWestern Solar Việt Nam) is a one-member limited liability company specializing in manufacturing batteries and accumulators. The company was legally established on January 18, 2023, and is registered with the Bac Giang Province Department of Planning and Investment under Business ID 2400953096. Although still relatively new in the Vietnamese market, it has quickly positioned itself as an emerging renewable energy and battery technology manufacturer.

The company’s head office is at Lot CN-06, Van Trung Industrial Park, Van Trung Commune, Viet Yen Town, Bac Giang Province. This strategic location places the firm in one of northern Vietnam’s most dynamic industrial zones, providing substantial logistical advantages for domestic distribution and export. NWESTERN SOLAR operates with a charter capital of more than 40 million U.S. dollars and paid-up capital of nearly 39 million U.S. dollars, reflecting its solid financial base and commitment to rapid growth.

The company's legal representative is Tian Y., who plays a central role in overseeing its operations and development strategy. Under his leadership, NWESTERN SOLAR aligns its business model with Vietnam’s expanding renewable energy market and the global shift toward green technology and sustainable manufacturing.

In terms of financial performance, the company reported total assets of approximately 172 million U.S. dollars at the end of 2024. Its equity increased to nearly 79 million U.S. dollars, reflecting a positive capital structure and shareholder confidence. While the company experienced a temporary decline in sales and a negative profit margin in 2024, this was primarily attributed to adjustments in global demand cycles and expansion investments. With substantial working capital and solid backing, NWESTERN SOLAR remains well-positioned for recovery and long-term growth in the renewable energy supply chain.

NWESTERN SOLAR VIETNAM COMPANY LIMITED's core business is the production of batteries and accumulators, which are essential components in solar power systems, electric vehicles, and various industrial applications. In addition to manufacturing, the company is also engaged in wholesale machinery and equipment, supporting its main business activities. This vertical integration enables the company to serve domestic and international partners more efficiently.

Although it has only been in operation briefly, NWESTERN SOLAR is emerging as a key participant in Vietnam’s fast-developing renewable energy sector. Its location in Bac Giang Province offers access to skilled labor, modern infrastructure, and a network of suppliers and logistics channels that support its long-term expansion plans.

With its strong financial base, strategic leadership, and alignment with global clean energy trends, NWESTERN SOLAR VIETNAM COMPANY LIMITED is poised to become a significant contributor to Vietnam’s green energy transformation and a reliable partner in the worldwide supply chain for solar and battery technologies.