Strong combination! Wolong paint and Xingbang paint officially signed! (II)

2024-03-29


As a professional new media service platform for the paint industry, the paint procurement network reported the signing ceremony throughout the process, providing timely information for people inside and outside the industry. Through such cooperation, the coating industry will pay more attention to product quality and technological innovation, promote the healthy development of the industry, and contribute to the realization of green, environmental protection and sustainable social development goals.

Li Guobao, chairman of the board of directors of Wolong coatings, introduced in detail the future development strategy planning of Wolong coatings:

1. "cluster"

In the process of promoting industrial upgrading and optimizing resource allocation, Wolong coatings actively adopts the strategy of merger and reorganization, and is committed to building a coating industry cluster with the "Wolong" brand as the core.

Up to now, Wolong paint has successfully incorporated 6 enterprises into its banner through merger and integration measures. In 2023, Wolong Paint implemented four mergers, namely Jiangxi Haozhen New Materials Co., Ltd., Henan xinmi city Yongsheng Paint Factory, Hubei Jiayu Hongyi New Materials Co., Ltd. and Shaanxi Jingweixingchen New Materials Co., Ltd. These measures significantly enhanced Wolong Paint's competitiveness and market influence in the industry.

Entering 2024, Wolong coatings continued to maintain its development momentum and successfully merged Fuzhou Xin Yongfeng Chemical Co., Ltd. in February, further expanding the scale and strength of the enterprise. Then, on March 29, Wolong Paint and Zhenping Xingbang Paint Co., Ltd. reached a strategic cooperation agreement to incorporate the "Xingbang" paint brand into the Wolong system through a strong alliance. This measure will not only help Improve product quality and service levels will also inject new vitality into the development of the paint industry.

This series of merger and integration actions of Wolong coatings fully reflects the determination and action of enterprises to actively respond to national policies and promote the optimization and upgrading of industrial structure under the new situation. By integrating and gathering small and medium-sized paint companies, Wolong Paint not only enhances its core competitiveness, but also makes a positive contribution to the healthy development of the entire paint industry.

2. extended chain

Wolong Coatings plans to take Guanzhuang Advanced Manufacturing Development Zone as its strategic base, and is committed to establishing a nationwide coating design, research and production center. This strategic initiative aims to further expand and optimize the product line, strengthen the vertical integration of the industrial chain, and promote the transformation of products to a more environmentally friendly and market.

In this process, Wolong coatings will focus on the development of a series of green environmental protection coating products, such as water-based environmental protection coatings and powder coatings. These products not only meet the high requirements of the current market for environmental protection, but also help to enhance the brand image and social responsibility of enterprises. At the same time, Wolong Coatings will also focus on the research and development of industrial anti-corrosion coatings, including coatings products dedicated to the automotive and marine fields, in order to meet the needs of different industries for high-performance coatings.

Through these efforts, Wolong Coatings aims to promote technological progress and industrial upgrading in the coatings industry and contribute to the achievement of sustainable development goals. This will not only help to enhance the market competitiveness of enterprises, but also set a new benchmark for the healthy development of the entire coating industry and technological innovation.

3. expansion gauge

Wolong coatings is actively planning and promoting the construction of "Wolong phase II" project. It plans to add 240 mu of land in Guanzhuang industrial area, with an estimated total investment of 0.487 billion yuan, which will be used to build a new series of coating products production line with an annual production capacity of 120000 tons. The successful implementation and commissioning of this project will significantly increase the annual output value of Wolong Coatings, which is expected to exceed 1 billion yuan. At the same time, the annual profit and tax revenue are expected to reach 0.12 billion yuan.

Through this measure, Wolong coatings will not only achieve a substantial expansion of its own production capacity and a significant increase in output value, but also set up a benchmark of "billion-level enterprises" in Guanzhuang industrial area, showing the strong development momentum and industry status of the enterprise. This is not only of great significance to the long-term development of Wolong paint itself, but also will make positive contributions to the economic development and industrial upgrading of Guanzhuang industrial area and even the whole region.

As a professional new media service platform for the paint industry, the paint procurement network reported the signing ceremony throughout the process, providing timely information for people inside and outside the industry. Through such cooperation, the coating industry will pay more attention to product quality and technological innovation, promote the healthy development of the industry, and contribute to the realization of green, environmental protection and sustainable social development goals.

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