Hunan Yourui Manufacturing Co., Ltd. was established in May 2017, with registered capital of RMB10 million, and its actual investment was up to RMB20 million as of July 2017. The company is located at No. 3 standard factory of Xiangtan Comprehensive Bonded Zone, with operation area up to 6,000 m2 and more than 600 staff. The company is a technology-oriented foreign trade enterprise with strong comprehensive capacity, specializing in design, production and sales of food-grade plastic toys.
The company mainly serves Fortune Global 500 enterprises, such as Danone, Warner Bros., Walt Disney Company, MARS, etc. At present, the company operates well and stably, with signed order volume up to USD 10 million, and about USD20 million orders under technical development and business negotiation. It is expected to realize import and export volume of USD 20 million, and create about 800 jobs by 2018.
The company aims to realize an investment scale of RMB100 million by 2020, by which time the company owns 50 sets of injection molding machines, 100 sets of pad printing machines and 20 assembly lines, realizes import and export volume of USD 30 to 50 million, profit of RMB15 million, paid taxes up to RMB5 million, and creates about 800 jobs.
The company has received close attention and strong support from leaders in Hunan Provincial Government, Xiangtan Municipal Government, Economic Development Zone and Comprehensive Bonded Zone. The company strives to lower costs and improve quality through constant technology innovation in order to actively participate in international competition, and increase export volume by high technology and high added value. The company aims to list into top enterprises with big import and export volume in Xiangtan, and makes contribution to Xiangtan’s export and import business.
