Man Wah invested US$1 billion to build a regional headquarters in Central China
This project is Man Wah Holdings' fourth major domestic investment project this year.
On the morning of August 27th, at the economic and trade negotiation and Wuhan third quarter investment promotion project signing conference, Man Wah Holdings Co., Ltd. signed a contract with the Xinzhou District Government to build Man Wah Smart Manufacturing and Central China Regional Headquarters Project.
It is reported that Man Wah Holdings Co., Ltd. is a listed company mainly engaged in functional sofas, smart mattresses and custom home furnishings, and a leading enterprise in China' s home furnishing industry, with a market value of over 75 billion.
Man Wah Holdings Co., Ltd. intends to invest 1 billion U.S. dollars (approximately RMB 6.458.2 billion) to build Man Wah' s smart manufacturing and Central China regional headquarters project, integrate industry-leading smart technology and equipment, and create a benchmark project for smart furniture manufacturing in Central China.
In recent years, Man Wah Holdings has increased its efforts to expand production capacity. Up to now, the Central China Regional Headquarters project is the fourth major domestic investment project of Man Wah Holdings this year.