On December 29, 2018, Xiamen Jihong Packaging Technology Co., Ltd. announced that the company held the 32nd meeting of the third board of directors on December 28, and the meeting reviewed and approved the project on signing with the People's Government of Qingtongxia City, Ningxia. The motion of the investment agreement.
Jihong shares will invest 150 million in Ningxia to build an environmentally friendly packaging intelligent factory project
The announcement shows that Jihong shares will sign the "Investment Agreement for Environmentally Friendly Packaging Box Smart Factory Project" with the People's Government of Qingtongxia City, Ningxia, with the self-owned funds of RMB 150 million to build an environmentally friendly packaging intelligent factory project in Qingtongxia Industrial Park. Wanping meters of intelligent packaging production workshops, offices, staff canteens, dormitories and other ancillary facilities.
At the same time, the management of the authorized company shall sign all the legal documents related to the investment items of the above-mentioned projects, and handle all matters concerning the industrial and commercial registration procedures of the company in Qingtongxia City, Ningxia.
Fast-moving consumer goods giant set up production base, Ningxia packaging demand continues to grow rapidly
Ningxia is located in the core area of ​​the Yellow River Economic Belt. It is an important level for China to build an inland open economy pilot zone and an important node in the economic belt of the New Silk Road.
Due to its unique geographic location and resource advantages, good production conditions and low economic operation costs in the Mainland, Ningxia has attracted a large number of enterprise giants in the fast-moving consumer goods industry such as food and beverage, dairy products and beer to set up investment in Ningxia. Production base, packaging demand in the region continues to grow rapidly.
Xiamen Jihong Packaging Technology Co., Ltd. invested and built a factory in Ningxia, which can provide more high-quality, efficient and convenient supply services for strategic cooperation customers in Ningxia, effectively reducing logistics transportation costs and keeping pace with customer expansion. We will further expand sales while meeting the needs of our customers.
Fill the regional gap in the northwest region and improve the layout of the packaging business
This time, we invested and built factories in Ningxia, based on the production products and corresponding process, based on Internet information technology, rational planning and implementation of intelligent design, through the introduction of advanced high-end production machinery and equipment, the effective use of production equipment systems, ERP systems, intelligent supply The chain management system realizes the automatic management of personnel, equipment, orders, logistics and warehousing information, improves production efficiency, reduces production process losses, and builds high-end intelligent factories that are digital, personalized, large-scale and automated.
After the implementation of this project, it can fill the regional blank of the packaging business production base of Xiamen Jihong Packaging Technology Co., Ltd. in the northwest region, and improve the layout of the packaging business.
At the same time, the company can use years of accumulated experience in building factories, packaging production technology and operation management experience to provide services for strategic cooperation customers, and gradually use the influence of service brand customers to gradually radiate potential packaging customers around Ningxia. The customer resources and packaging market in Ningxia and surrounding areas further meet the needs of the company's industrial expansion and long-term strategic development goals.
The Qingtongxia Municipal People's Government is based on financial incentives and is in line with the national strategic planning direction.
Ningxia Qingtongxia Municipal People's Government will give corresponding financial incentives to Xiamen Jihong Packaging Technology Co., Ltd. according to the progress of this investment construction and the production and operation of the project after the project is completed, including financial support fund incentives and corresponding tax incentives, and local Bank loans, employee recruitment and training support the company.
With the development of the country's western development and the strategy of the Belt and Road Initiative, as well as the advantageous resources of the Ningxia region and the policy support of the local government, Xiamen Jihong Packaging Technology Co., Ltd. invested in Ningxia to build a factory, which not only conforms to the direction of national strategic planning, but also conforms to its own development. Planning will help to further expand the scale of operations, enhance the company's profitability and comprehensive competitiveness.
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