The project, located east of the Yangjin Highway and north of Xingnan Road in Zhangjiagang, Jiangsu Province, plans to construct a resilient vinyl flooring manufacturing base, the automation of a resilient vinyl flooring production line, and theconstruct of an R&D headquarters building. With a total investment of CNY 790 million, it will lasttwo years after beginning operations in 2021. Once production begins, the products of the resilient vinyl flooring production base and the automation of the resilient vinyl flooring production line will add 24.5 million m2 of resilient vinyl flooring facilities, including 6.5 million m2 of Grip strip floating flooring facilities, 10.3 million m2 of click-lock flooring facilities, and 7.7 million m2 of regular flooring facilities to the company every year.The R&D headquarters building construction plans aim to establish an R&D center and a testing laboratory to develop new products such as Expanded Polymer Core flooring, linoleum flooring, and magnetic flooring to upgrade process development and product application.

After implementation, the project will improve the company’s productivity and R&D ability to lay a solid foundation for achieving its development goals and realizing its development plans. Executing strict production standards and meeting customers’ diverse needs allows us to strengthen our core competitiveness for sustainable development.