Ningbo Hongwei International Trade Co., Ltd. is looking to expand their operations and increase their production capacity with a planned investment of 210 million yuan. This investment will be used to purchase a 26-acre plot of land and construct a state-of-the-art production facility covering 33,000 square meters.
To support this new facility, the company will also acquire an advanced environmentally friendly flexible material production line and relocate their existing rolling and stretching production line to the new site. With these enhancements, the company plans to achieve an annual production capacity of 30 million square meters of high-quality, eco-friendly flexible materials.
In addition, the company intends to relocate their existing functional soft film production line to the new site, which has an annual output of 10,000 tons. This project is expected to generate significant economic benefits, with a projected annual output value of 420 million yuan.
Overall, this significant investment highlights Ningbo Hongwei International Trade Co., Ltd.'s commitment to driving growth and innovation within the manufacturing sector, while also prioritizing environmental sustainability.
To support this new facility, the company will also acquire an advanced environmentally friendly flexible material production line and relocate their existing rolling and stretching production line to the new site. With these enhancements, the company plans to achieve an annual production capacity of 30 million square meters of high-quality, eco-friendly flexible materials.
In addition, the company intends to relocate their existing functional soft film production line to the new site, which has an annual output of 10,000 tons. This project is expected to generate significant economic benefits, with a projected annual output value of 420 million yuan.
Overall, this significant investment highlights Ningbo Hongwei International Trade Co., Ltd.'s commitment to driving growth and innovation within the manufacturing sector, while also prioritizing environmental sustainability.
