Zhejiang Nature, the leader of TPU outdoor products: It is planned to invest about 435 million yuan to build an intelligent production base project for outdoor products (Phase II)

Latest News: On the evening of August 11, 2022, Zhejiang Nature, an A-share company, announced that the company plans to invest in the construction of the “Outdoor Products Intelligent Production Base Project (Phase II)” in the Economic Development Zone of Tiantai County. The investment is about 435 million yuan, the fixed asset investment is about 425 million yuan, and the construction area is about 120,000 square meters.

The overall construction period of this investment project is expected to be 3-5 years, and the source of funds is self-raised, self-owned or other methods. After reaching production, it is expected to achieve an output value of 520 million yuan, a sales income of 500 million yuan, and a tax of 35 million yuan.

According to the needs of business development, the company plans to invest in the “Outdoor Products Intelligent Production Base Project (Phase II)”, which is in line with the company’s strategic development plan and is of great significance to promoting the company’s long-term and stable development.

The implementation of this project can further improve the company’s product layout, optimize product structure, and enhance the company’s development and profitability. This investment project will not have a material adverse impact on the company’s financial and operating conditions, and there will be no damage to the interests of the company and shareholders. After the completion of the project, it is expected that there will be no new connected transactions or horizontal competition.

According to public information, Zhejiang Natural is mainly engaged in the research and development, design, production and sales of outdoor sports products such as air mattresses, outdoor luggage, headrests and cushions. The company conducts customized production according to the customer’s different product structure, design scheme, material selection, specifications, etc., with many product types and models, and has formed a good and stable cooperative relationship with many well-known brand customers such as Decathlon, Lide Supermarket, SEATOSUMMIT, etc. The company has been recognized as “National High-tech Enterprise” and “Zhejiang Provincial High-tech Enterprise Research and Development Center”. Zhejiang Natural adheres to the concept and goal of “becoming the world’s leading supplier of outdoor sports goods”, and is gradually growing into a leading enterprise in the field of global outdoor sports goods.