Fulai’s Important Investment in 2023, Smooth Commissioning of the Functional Base Film Project
Fulai’s
new headquarter and new production base is under built in 3 phases of
87,000 m2, with over 1 billion RMB of investment. The first phase of
30,000 m2 is going to put production in end of 2023.
Presently, Fulai has 4 production factories and a production base of approximately 113 acres; Nearly 60 high-precision fully automatic coating production lines, with a factory area of over 70,000 square meters.
Yantai Fuli functional base film Project
Fulai Film Plant is
located in Yantai City, Shandong Province of PRC with an area of 157,000
m2. Fulai Group invested over 700 million RMB in first
phase. Significance of this project is lowering Fulai’s operation costs,
such as energy cost since nuclear and wind power source is abundant in
Yantai, as well as has lower labor cost in Yantai than that of in
Eastern China.
In 2023, Fulai, known for its innovation and success, will make major investments in various fields. Fulai focuses on industrial integration and multi-application fields, aiming to consolidate its position as a market leader.
One of the core strategies that Fulai will implement is the two wheel drive strategy. This approach has actively contributed to the mass production and efficiency gains of emerging businesses. By implementing this strategy, Foley aims to ensure a streamlined production process, maximizing output while minimizing costs. This will not only improve the company's profitability, but will also allow it to more effectively meet the growing demand of the market.
Another investment area for Fulai in 2023 is the IPO fundraising expansion project and the smooth commissioning of the Yantai Fuli functional base film project. Through the successful implementation of these projects, Fulai aims to strengthen its financial position and im.
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本文由Natalia转载自Ouren New Materials （Fulai News），原文标题为:Fulai’s Important Investment in 2023，本站所有转载文章系出于传递更多信息之目的，且明确注明来源，不希望被转载的媒体或个人可与我们联系，我们将立即进行删除处理。
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