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Dahua Glass: 420m yuan for industrial development

Post Time:Apr 03,2009Classify:Company NewsView:408

Shanxi Dahua Glass Industrial Co., Ltd., one of the biggest Chinese handmade glassware manufactures, has announced a 420m-yuan investment to promote the development of glass industry in Shanxi Province or even the whole country.

Dahua Glass invests an overall amount of 367 million yuan in the international advanced automatic product line, which is able to add 737 million yuan of sales revenue and 214 million yuan of taxes every year (so far, the line has been invested 160 million yuan); 22 million yuan in a technology innovation project; and 20 million yuan in a research center (the completed investment at 8 million yuan), 15 million yuan in setting up retail agencies in the overseas market such as Middle East, South Africa, Southeast Asian and South America, and establishing sales centers in large cities in China (the completed investment at 11 million yuan).

Source: GlassInChinaAuthor: shangyi

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