Dongguan JHS Electrical Co., Ltd.. Phase II foundation laying ceremony

On June 3, 2020, JHS held a foundation laying ceremony to start the construction of the second phase of the production plant. The total investment for the project is 300 million yuan (43 million US dollars). The year 2020 is an extraordinary year. In the face of the novel coronavirus outbreak, all the staff of our company rose to the challenge and achieved a rapid growth in sales revenue in the first five months of the year. In order to ensure the growth of enterprise marketing and meet the increasing demand of customer orders, we increase capital and production on the spare land within the red line of the original factory. We plan to build two eight-story industrial buildings and one eight-story R&D building (planned to build a national laboratory), with a total area of about 120,000 square meters. The project has a total investment of 300 million yuan ($43 million), with 170 million yuan planned for this year. The project has received strong support from the local government of Changping town, Dongguan. Kim Hongsheng is honored to invite town governments, associations, enterprises and banks to attend the ceremony. At the event, Mr. Gao Yueping, Chairman of JinHongsheng, delivered a wonderful speech, sharing the company's history and future development plan. He also thanked the leaders of Changping town for their support. Jin Hongsheng will continue to make contributions to the development of Changping Town. After the speech, a groundbreaking ceremony was held, followed by group photos and firecrackers.

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