Dongguan Huali Industries Co.Ltd(603038) on February 20, it was announced that the implementation subject of the company’s non-public offering and investment project “Hubei huazhili decorative material factory project” is Hubei huafuli Decorative Material Co., Ltd., a wholly-owned subsidiary. The construction of the project (phase I) has been completed and has entered the stage of production.
The total investment of the project is 560 million yuan, which is used to build a new production base and automatic production line. Advanced automatic production equipment is adopted. It is expected to produce 190000 cubic meters of decorative panels and 6000 tons of profiled decorative materials after production. Some of the plant construction has been invested in advance with self raised funds.
It is reported that the opening ceremony of Hubei huafuli was held as scheduled in the new plant in Huanggang, Hubei Province on February 19. Xie Zhikun, executive vice president of the company, Tan Xujie, assistant to the chairman of the board, Lu Xuqiu, Wang tangxin and Zhong Ke, vice presidents, Zhu Xiaoyue, general manager of Hubei huafuli, and Suofeiya Home Collection Co.Ltd(002572) , SMI cabinet, Guangzhou Holike Creative Home Co.Ltd(603898) , schneiman, ishley, jinkaidi, Ningfeng group, Beigao intelligent equipment, XIATE, Tianyu Hongyuan Think about the future and other high-quality customers and supplier representatives who have long-term cooperation with the company.
Phase I of the project has completed project preparation, project implementation, software and hardware procurement, installation and commissioning, personnel recruitment and training, trial production and other work. It has officially entered the production stage and will focus on expanding the large-scale production capacity of decorative panels. After the project is put into operation, it will open the market for the decorative panel business with the help of the customer resources accumulated by the edge banding business, realize the mutual promotion and coordinated development of the company’s product sales, broaden the company’s business application space, break through the restrictions of a single product structure on the company’s development, improve the company’s market share and create higher economic benefits.
Hubei huafuli is located in the Yangtze River economic belt. The sector waterway transportation is relatively convenient and the radiation range can cover central and Northern China. Its opening and operation will further expand the business coverage and improve the company’s rapid supply capacity, provide close supporting and high-quality services to the home industry cluster, further improve the surrounding upstream and downstream industrial chain and create the effect of industrial cluster, Empowering the development of home furnishing industry in central and Northern China.
As an industry-leading “customized and hardbound material service provider”, the company takes the R & D, design, production and sales of decorative composite materials as the industrial cornerstone, and has developed into a comprehensive holding enterprise including home materials business, industrial Internet business and industrial investment business.
The company said that in the future, it will continue to take quality development as the guide and innovation and development as the driving force, and is committed to practicing a unique high-quality development path.
