From 8 July-12 July, KINGFA MEDICAL participated in the 27th China Lanzhou Investment &Trade Fair and signed a cooperation agreement with Lanzhou Hand and Foot Surgery Hospital. KINGFA MEDICAL will invest 160 million CNY in setting up a medical polymer industry research institute with Lanzhou Hand and Foot Surgery Hospital. All Products developed by the institute will be promoted globally. At the same time, the two sides have also signed a five-year procurement project of medical products and personal protective equipment.
The 27th China Lanzhou Investment &Trade Fair was held in Lanzhou from July 8th to July 12th. Jointly organized by China’s Ministry of Commerce, the State Administration for Market Regulation, the Taiwan Affairs Office of State Council, the All-China Federation of Industry and Commerce, the All-China Federation of Returned Overseas Chinese, China Council for the Promotion of International Trade（CCPIT）, and Gansu Provincial Government, combined online and offline exhibition activities, aimed at making the Lanzhou Fair become an important window open to the west of China, the bridge of foreign economic and trade exchanges, and a prosperous trade platform.
The meeting invited Uruguay and Nepal as a guest, Shanxi province as a theme, and all relevant countries of Belt and Road Initiative, the representatives of international organizations in China, the representatives of other provinces, regions, and municipalities in China, the representatives of Hong Kong, Macao, and Taiwan attended. The Global 500, China's top 500, China's top 500 private enterprises, lead industry leaders, and purchasers and investors were here. The Lanzhou Fair aims to build an international, professional, market-oriented, brand-oriented, and information-based open cooperation platform to pool our strength, explore areas of cooperation, deepen economic and trade exchanges and achieve win-win development.
As one of the official activities of this year's Lanzhou Fair, the Guangdong Trades Nationally (Gansu) Supply and Purchas Fair was held by the Guangdong Department of Commerce and the Gansu Department of Commerce on the morning of July 9th. About 150 enterprises from Guangdong Province, including agricultural planting, medical and healthcare, time-honored brands, smart home appliances, and Lingnan specialty food attended the conference. KINGFA MEDICAL and other companies made company report at the meeting, and 7 enterprises reached contract on the spot. After the meeting, the participating enterprises of the two provinces conducted in-depth on-site docking and negotiation. According to statistics, the Lanzhou Fair reached a total of 29 cooperation projects in investment, procurement and sales between Guangdong and Gansu, with a total amount of 1.82867 billion CNY. Among them, there are 6 investment projects, with a total investment of 1.02 billion CNY, involving agriculture, animal husbandry, farmers' market, medical & healthcare, and other fields; 23 purchase and sales cooperation projects, with a total amount of 808.67 million CNY, covering medicine, home appliances, food, equipment manufacturing, and other fields.
KINGFA Group is established in 1993 and listed on the Shanghai Stock Exchange in 2004, is the world's leading high-tech manufacturing company committed to R&D, production, and marketing of advanced polymer materials. KINGFA Group has been exported products to more than 130 countries, which is providing high-quality services to more than 1000 customers worldwide.
KINGFA MEDICAL, establishing itself as an important industrial segment of KINGFA, focuses on the R&D, production, and sales of medical and healthcare products. Utilizing KINGFA's technological innovations within the advanced polymer industry for more than 28 years, KINGFA MEDICAL established a vertically integrated supply chain. From the upstream production of polypropylene polymer to the downstream production of face masks, protective coveralls, surgical gowns, and other similar products. Furthermore, KINGFA MEDICAL has developed the Nitrile Glove Project with a daily production capacity of 1,000,000 units per line. At the end of 2021, KINGFA will have 96 functional production lines, reaching a total daily production capacity of over 100,000,000 units.