On June 30, 2020, RIFENG held a grand groundbreaking ceremony marking the construction beginning of the new production base in Foshan. For RIFENG Group, this is a key step in the development of intelligent pipes and mechanical equipment. People attending the ceremony were partners, customers, management team and employees, who were confident and looking forward to breakthrough RIFENG will reach in the future.
Covering an area of 450 acres, the total planning area of the new production base is over 330,000 square meters. RIFENG has already included possible expansion phases in the planning. In the first phase of construction, this production base will be used for industrial workshops and warehouses. Increasing the capacity of municipal pipelines, intelligent machinery and equipment are main targets, which the estimated annual capacity of the new production base can reach up to CNY 4 billion.
Mr. Xu, the Chairman of RIFENG Group, pointed out that in recent years, significant demands on municipal piping systems and intelligent pipeline manufacturing equipment, increase in the domestic market. Also RIFENG business has grown gradually in overseas markets. A new production base to meet the new capacity gap is imminent.
Innovation is the core concept for long term development in the industry. Mr. Xu said that RIFENG will set up a “National Composite Plastic Pipeline Engineering Technology R&D Center” in the new production base. It will promote and create a new period of composite plastic piping industry in China.
Quality and Innovation are always the mission and commitment for RIFENG group. RIFENG hopes this new production base can engaged in the industrial development as one of the innovation engine.