Hebei Liguang New Material Technology Co., Ltd

In 2022, the company established Hebei Liguang New Material Technology Co., Ltd., which was formerly known as Shiazhuang Kangyi Packaging Co., Ltd. The company has a total investment of 300 million yuan, covering more than 50 acres of, with a construction area of over 20, 000 square meters. The company has newly introduced fully automatic bottom pasting machines, multi-functional can machines, and new high-speed flexographic printing machines. The company officially started production at the end of March 2023. After the company officially started, it can produce 200 million units (meters) of various valve bags, composite bags, and floor protection films annually, achieving a sales revenue 300 million yuan. At the end of 2022, the company also ordered four sets of advanced domestic high-end blowing film machines for the and upgrading of Kangyi Packaging's food-grade workshops. Starting from 2023, Liguang Technology will focus on the production and sales of various industrial valve bags and packaging materials, while Kangyi Packaging will focus on the production and sales of food-grade packaging bags and packaging materials.