ABOUT


history


As the country attaches increasing importance to the entity economy and the “Belt and Road” strategy is vigorously implemented, the Company closely seizes the golden opportunity of overall economic recovery, follows the guide of the spirit of the “19thNational Congress of the CPC”, keeps up with the times, unites for struggling, seizes opportunities, actively overcomes difficulties and hardships, units all the forces available to speed up implementation of the Company’s coastal development plan, roots in China and faces the world, gives full play to the current strengths of the Company and inputs more in overseas development. While realizing capability expansion and rebuilding, environmental protection transformation and building of new production lines of existing factories, and not affecting the market supply and normal production of factories, we will build four new factories:

● Dehua Factory

Construction starts in May 2019. The factory will finish and put into use at the end of this year. It is planned that the total output will be 80,000 tons, the yield will be up to 100,000 tons, and the total assets will be up to RMB 15 million.

● Tangshan Factory

It is planned that the construction will start in September 2019. It is planned that RMB 20 million will be input, and the output will be up to 120,000 tons.

● Thailand Factory

It is planned that the construction will start at the beginning of 2020, the total assets will be RMB 22 million, and the annual output will be up to 150,000 tons. RMB 12 million is input into Phase I, and the output will be 80,000 tons.

● Chaozhou Factory

The construction is in urgent preparation currently. It is planned that total assets of RMB 20 million will be input, and the output will be up to 120,000 tons.

The implementation of the above several projects will significantly boost large-scale development of the Company and will provide a solid guarantee for the development and expansion of the Group Company.