Nissin Foods Expands Production Capacity with New Factory in Zhuhai, Investing Over RMB240 Million

Reuters
Sep 23
<a href="https://laohu8.com/S/NSFCF">Nissin Foods</a> Expands Production Capacity with New Factory in Zhuhai, Investing Over RMB240 Million

Nissin Foods Co. Ltd. has announced plans to expand its operations in Zhuhai, Guangdong Province, by securing land use rights for two strategically located parcels. The company will invest over RMB240 million to acquire the land, construct new facilities, and install advanced automated production lines. This expansion is aimed at enhancing production capacity and improving efficiency. The new facilities, located in the Greater Bay Area, will create operational synergies with existing adjacent sites and help meet the growing consumer demand for Nissin Foods' premium products in Mainland China. Despite global economic uncertainties, the company reported a 9.4% increase in revenue in the region, highlighting the success of government policies stimulating consumption.

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