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"Choose Jiande as the origin of products, the goal through 10 years, to build the country's largest single sales of
coatings
production base." On December 2nd, with the formal signing of a strategic cooperation agreement between Li Weiguo, Chairman of Beijing Oriental Yuhong Waterproof Technology Co., Ltd., and Dr. Meng Yang, President (CEO) of DAW Group of Germany, it marked another substantial step in the Oriental Yuhong Special Coatings Project located in Jiande High-tech Park.
Since last August, Jiande City and Oriental Yuhong signed a new building waterproof materials and other three projects, Yuhong special coating project is another key project to deepen cooperation between the two sides, the expected land of 500 acres, the total planned investment of 1.5 billion yuan. Base will introduce Germany's high-end production lines and equipment and professional and technical personnel, Oriental Yuhong will take advantage of germany's DAW Group in technology, products, brands and other advantages, focusing on the manufacture and sale of architectural decorative coatings, in jiande base production of environmentally friendly and healthy high-quality coatings, and supply to customers throughout the country and even around the world.
it is understood that the German DAW Group was founded in 1895, currently operates in more than 40 countries around the world, with 29 production bases, is Europe's third largest
building coatings
manufacturers. Dr. Meng Yang said that DAW will invest 100 years of research and development results and production patents, give full play to the advantages of technology and market, and with the long-term market experience and enterprise vitality of Oriental Yuhong, and work together for Chinese customers to establish an environmental health and innovative new
coating brand
.