原文：http://shenzhen.chinacompositesexpo.com/en/news-detail-92-11888.htmlMarch 10, Tai’an – A review titled Further Investment to Duplicate a new Taishan Fiberglass was published on local media outlet Tai’an Daily, giving the outlook for the company’s future development in the next five years.


An overall investment of 11.5 billion RMB has been injected into its new production base situated in Manzhuang, Tai’an, since the construction work started in April, 2012, increasing the aggregated capacity to 1.2 million tons per year with an addition of 850,000 tons high performance fiber glass annual output, says the review, adding that the company’s total profit has stayed above 1 billion RMB for 4 consecutive years, and exceeded 3 billion RMB in 2021, exhibiting an strong increase momentum in terms of both scale and profitability.

In 2021, Taishan Fiber reported a revenue of nearly 9 billion RMB, marking a year-on-year increase of 26%. The profit in the same period was increased by 164% on the year-on-year basis.

In 2022, Taishan Fiber will strive to make its revenue topping 10 billion RMB, a third 10 billion breakthrough in figure following capacity and investment.

In 2022, Taishan Fiber will step up its efforts to attract high-level talents, implement major programs and strengthen cooperation on research and development, in expectation of new progresses in bringing up innovative products, resolving stranglehold problems as well as catching up with leading counterparts, to further reinforce core competitiveness and market advantages.

In the future, major breakthroughs will be made in three categories of products: 1) high performance fiber glass products; 2) electric-oriented fiber glass products; 3) construction-oriented glass fiber products.

During the Fourteenth Five Year Period, Taishan Fiberglass plans to invest another 5 billion RMB in Tai’an, to duplicate a new itself in terms of revenue.
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