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Special packaging materials and Expandable Polystyrene/EPS packaging materials manufacturer and supplier plan to build a new EPS project with an annual output of 4,000 tons Hay:C01SZWZ

On February 21, SZWZ issued an announcement saying that the company's holding subsidiary Chongqing WZ and Hunan Chenglingji Xingang District Management Committee signed the "Investment Cooperation Agreement" and "Supplementary Investment Cooperation Supplementary Agreement", Invested in the "Futida (Yueyang) EPS New Material Project with an Annual Output of 4,000 Tons" project in Chenglingji New Port District, Yueyang City, Hunan Province. At the same time, Chongqing Fuyida intends to register in the administrative area of Hunan Chenglingji Xingang District Management Committee the subsidiary of Chongqing Fuyida Holding, which operates more than 51% of the project, and asks the company's board of directors to authorize the company's management to conduct operations It is necessary to determine the remaining shareholders and their investment proportions, and the total proportion of the remaining equity held by the remaining shareholders does not exceed 49%.

According to the announcement, SZWZ with an annual output of 4,000 tons of EPS new materials project has a total investment of about 64 million yuan, and will mainly be engaged in EPS production, research and development and sales.

About SZWZ

The group company was established in 1997 as a listed company. After more than 20 years of creation and development, it now has more than 2,000 employees and more than 200 world-class quality customers.

 

Products are widely involved in visual packaging materials, new environmentally friendly packaging materials, food & pharmaceutical printing packaging materials, electronic & network product packaging materials, thin honeycomb paper packaging materials, EPS packaging materials, new energy, traditional plastic trays and plastic bag packaging materials.

The company is the first company in the industry to pass the dual certification of ISO9001 quality management system and ISO14001 environmental management system. In order to meet the EU RoHS standard, the company invested millions of yuan to establish a professional laboratory, and introduced international advanced testing equipment from the United States and Japan.

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