The southern headquarter project of Transfer Group with a total investment of 5 billion RMB laid in Sanshui, Foshan

On the morning of June 5th, the groundbreaking ceremony of the new functional chemicals project at the southern headquarter base of Transfer Group was held at the Datang New Materials Industrial Park. With a total investment of 5 billion RMB, the project will establish the southern headquarter base of Transfer Chemicals integrating research and development, production, and sales.

Ranked 53rd in the Top 500 Private Enterprises in China, Transfer Group is one of the leading enterprises in the global textile and chemical industry. The project, funded by Transfer Group, was signed and landed in Sanshui in August 2023 with a total investment of 5 billion RMB. It will focus on cutting-edge technologies such as specialty chemicals and functional new materials to build a southern headquarter base of Transfer integrating research and development, production, and sales, creating a product development and technological innovation center.

Xu Guanju, Chairman of Transfer Group, stated that Transfer will fully leverage the company's advantages in industrial resources, fund investment, industry experience, and commercial capabilities to build a demonstration factory with green, low-carbon, and intelligent manufacturing. It will deepen cooperation in the fields of new materials, new energy, pharmaceuticals and health, new agriculture, and modern logistics, making contributions to the high-quality development and modernization of the economy in Foshan.

The Datang New Materials Industrial Park where the southern headquarter base of Transfer Group is located is a scarce provincial-level chemical industrial park in the Greater Bay Area, and also the core area of the Foshan North Battle New Industrial Park. It has gathered a large number of high-quality industrial chain upstream and downstream enterprises, and is actively building a national highland for the development of new energy and electronic chemicals industries, as well as an innovation demonstration area for the chemical new materials industry in the Guangdong-Hong Kong-Macao Greater Bay Area. In addition to this project, the park introduced the Guangdong Ningde Brunp's integrated new materials industrial project with a total investment of 23.8 billion RMB last year, showing great development potential.