Several bathroom expansion projects have started construction, with a total investment of more than 3.6 billion yuan!
Posted on April 02 2022
Recently, with the increase in raw material prices and the upgrade of power curtailment, major production areas have been affected to varying degrees, and many companies have been forced to suspend production or increase product prices in response. On the other hand, some companies have chosen to expand against the trend. A number of new projects involving sanitary ware have been started recently, with a total investment of more than 3.6 billion yuan.
Among them, the largest investment amount is Country Garden Modern Zhumei Home Furnishing Industrial Park, with an investment amount of 1.2 billion yuan, which will be able to produce 400,000 sets of bathroom cabinets/mirror cabinets, including multi-category household products; and Beijing Construction Engineering invests in a construction project The amount is more than 1.1 billion yuan, which can produce products including 50,000 sets of integral sanitary ware every year; in addition, the investment in the prefabricated integral kitchen and bathroom industry project of Foshan Bailifeng Building Material Co., Ltd. has also exceeded 1 billion yuan.
Recently, Guangyuan City’s third quarter major project intensive start-up ceremony was held in the Green Home Industry City in Western China (Guangyuan). This time 126 major projects were started, including the Country Garden·Modern Zhumei Smart Home Industrial Park project. The project has a total investment of 1.2 billion yuan and covers an area of about 800 acres. The project is planned to be completed in 2 years and put into production in 3 years. After being put into production, it will achieve an annual production capacity of 150,000 to 200,000 sets of household products (1.2 million wooden doors; 200,000 sets of cabinets; 400,000 sets of bathroom cabinets/mirror cabinets; 150,000 sets of custom cabinets for the whole house). The annual output value is expected to be 30 -40 billion yuan.