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Vatti's new factory to go into service by year end
Updated: 2020-03-31    Source: Zhongshan Daily Large Medium Small Print

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In front of a four-story factory building of Vatti Co Ltd, about 200 workers working busily inside and outside the factory.

"The factory has a construction area of 100,000 square meters, and the fourth floor will be capped soon. This should be the largest single factory building in Zhongshan at present." Yang Hua, manager of Vatti's administration center, said proudly.

To meet the needs of capacity expansion and product research and development innovation, the expansion project of Vatti started in April in 2019. The project covers a total construction area of 130,000 square meters, including a 4-storey industrial factory, a 5-storey research and development building, and a 1-story metalworking workshop.

Affected by the epidemic, the construction of the project has been postponed. It is expected that the project will be completed and accepted in June this year and will be put into production before the end of this year. "It is expected that the production capacity will double one the project is put into use." Yang Hua said.

Vatti was founded in 1992 and has been one of the "three pillars" in China's kitchen appliance industry, along with Fotile and Robam. In the first three quarters of 2019, Vatti realized a total operating income of 4.275 billion yuan, and the net profit attributable to shareholders of listed companies was 517 million yuan, up 16.87% year on year.

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