Xinyi Glass investment in Humen, Guangdong

Xinyi Glass (Dongguan) Co. Ltd. signed an agreement on 20 June 2003 for an investment of CNY 1.3 billion in Humen Port Industrial Park.
Covering an area of 46.69 ha and with a built-up area of 25 ha,…

Xinyi Glass (Dongguan) Co. Ltd. signed an agreement on 20 June 2003 for an investment of CNY 1.3 billion in Humen Port Industrial Park. Covering an area of 46.69 ha and with a built-up area of 25 ha, phase one of the Xinyi Glass project will start operation in June 2005. Phase two, with an additional 27 ha, is scheduled to start operation by July 2007. On completion, the company will manufacture a wide range of glass products such as auto glass, self-cleaning glass, bulletproof glass, fireproof glass, environmental protection glass, construction glass for large buildings, sunlight-controllable glass and energy-saving hollow glass with low-radiation. Xinyi Group President Dong Qingshi is confident that the Humen investment will pay off, following the extensive research into the location of the new factory. According to a privileged source, Xinyi had in mind auto production bases in the Pearl River Delta and Southern China when deciding to site its glass production base in Humen.