In 2018, Hongou Group launched a plan to provide innovative
products to its customers. Through the use of automotive interior
modification technology, the development of a multi-functional
automotive interior ceiling, Hong Europe led the automotive
interior ceiling technology. While developing innovative technologies, Hongou Group is focusing
on attracting new customers in high-growth regions to gain market
share. In 2012, Asian car production accounted for more than half of
global production. China, which plays a leading role here, is
currently the largest automobile market in the world. In addition,
the Indian and Southeast Asian markets have similar expansion
patterns in the coming years. By 2018, half of the business of
Hongou Group will come from Asia. Hongou Group operates in other fast-growing automotive aftermarket.