Shandong Jiayuan Chairman Mr. Dong and the Company's Middle and Senior Management Visited Cambodia

On November 21, 2024, Dong Longshui, Chairman of Shandong Jiayuan Plastic Technology Co., Ltd., Liu Fang, General Manager, Lin Fanzhuang, Deputy General Manager, and 15 middle and senior managers and business backbones of the company set off for Cambodia to promote the construction of the company's upcoming key project - the Cambodian factory, and held a signing ceremony with Cambodia's Bogue Special Economic Zone.

On the morning of November 26, 2024, Beijing time, Jiayuan Company Chairman Dong Longshui led a group to arrive at the Borg Special Economic Zone in Cambodia and attended the signing ceremony held there. At the meeting, the two sides conducted in-depth communication and discussion on core issues such as factory construction and operation. Chairman Dong Longshui emphasized that this visit to Cambodia is not only aimed at promoting the progress of the project, but more importantly, it is to lead the middle and senior management team to experience the local environment in person and lay a psychological foundation for the smooth development of overseas business in the future. After many field visits and comprehensive evaluations, Jiayuan Company finally selected the Borg Special Economic Zone as the construction site for the new factory. Dong Longshui also said that the development concept of "working in the special zone and living in the scenic area" proposed by the Borg Special Economic Zone has further strengthened the company's confidence in building a beautiful new factory, aiming to ensure that employees can feel at ease, assured and comfortable in their future overseas work.

After friendly negotiations, the two parties reached consensus on issues such as factory construction and factory operations, and successfully completed the signing ceremony.

Later, accompanied by the investment promotion party, Dong Longshui and his party visited the existing enterprises in the Borg Special Economic Zone and inspected the site of Jiayuan Company's Cambodian factory. On this undeveloped land, Jiayuan people felt Cambodia's unique tropical monsoon and were full of expectations and longings for the future new factory.

Although this six-day trip to Cambodia was a little hasty, it has undoubtedly become a new starting point in Jiayuan's long-term strategic planning. This not only marks a solid step forward in the company's global layout, but also an important practice for it to actively seek self-breakthrough and transformation under the complex and ever-changing international situation. By establishing a Cambodian factory, Jiayuan has not only opened up a new development path for itself, but also further consolidated its long-term cooperative relationship with global partners, and promised to continue to provide cost-effective and high-quality home products, and live up to the trust and expectations of partners over the years.

Looking to the future, with the smooth commissioning and construction of overseas factories, Jiayuan will move towards a broader international market with a more open attitude and strong momentum, opening a new chapter in the development of the company. Let us look forward to the day when the Cambodian factory is put into operation.