In Oct 2019, Huarui SmartLink completed an investment in Binh Duong, Vietnam Industrial Park Development Platform through a Pre-IPO transaction, with committed capital of VND 1.18T. The asset is currently valued at VND 5.6T (2025 Valuation), and has become one of the firm's key tracked opportunities within its global multi-asset allocation framework.

Global supply-chain diversification accelerated manufacturing migration into Southeast Asia, boosting demand for industrial parks, standard factories, and logistics support. Based on its assessment of industry trends, valuation levels, and market liquidity, the team continues to deepen research coverage and post-investment monitoring around this opportunity.

A partial secondary sale was completed in 2024, with the remaining stake expected to exit further alongside listing progress or additional purchases by regional strategic investors. In parallel, the investment also supports wastewater treatment, green factory standards, and local workforce training to enable sustainable industrial upgrading. This remains consistent with Huarui SmartLink's investment approach centered on long-term thinking, balanced risk-adjusted returns, and sustainable value creation.