Geekvape invests several billion yuan to build an intelligent manufacturing industrial park in China's Greater Bay Area

Geekvape

PR91375

 

SHENZHEN, China, Aug. 30, 2021 /PRNewswire=KYODO JBN/ --

 

Chinese e-cigarette brand Geekvape announced a new investment valued at several

billion yuan in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) with the

support of the Shenzhen Municipal Government. The new investment is part of the

company's long-term growth strategy with a focus on helping customers worldwide

address their needs for increased production capacity. Geekvape plans to build

a modern industrial park for intelligent manufacturing over the next two years.

With the construction of the park, Geekvape aims to accelerate its transition

to high-end intelligent manufacturing with continuous investment in

technological innovations and ultimately take the industry to the next level.

 

Since its inception in 2015, the vapor brand has been recognized worldwide for

its high-quality products and services. With the investment in an advanced

industrial park, Geekvape plans to continue focusing on intelligent

manufacturing and basic R&D with the aim of creating a 10-billion-yuan

e-cigarette industry ecosystem, far exceeding the industry's average output

value. The huge ecosystem sets the stage for the company to build a strong

presence in the global electronic vaping device market.

 

Through the investment, Geekvape becomes the first company in the industry to

build modular intelligent manufacturing facilities and transform traditional

manufacturing processes. By leveraging the combination of a connected

intelligent manufacturing platform, Internet of Things (IoT) technology and big

data, the firm will further improve product quality and services backed by

fully intelligent management of product design, R&D, production, packaging,

sales and after-sales businesses.

 

Geekvape chief executive Allen Yang said, "Geekvape has always been committed

to helping improve human wellbeing and community development. Benefiting from

the ideal economic, geographical and business conditions in the GBA, in tandem

with the momentum in the intelligent manufacturing sector, we will build on our

presence in the area to expand globally. Geekvape will provide our customers

across over 70 countries and regions with better products and services enhanced

by intelligent manufacturing and innovative technologies."

 

SOURCE  Geekvape

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=399360

 

   Caption: Geekvape attends the signing ceremony for the intelligent manufacturing

industrial park in GBA

 

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