Business & Finance

Large Industrial Park to be Built by Geekvape — with an investment around US$1.55 Billion

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Geekvape will construct a large industrial park with an estimated investment of US$1.55 billion.

On May 23, 2022, the Zhuhai High-Tech Zone hosted a grand opening ceremony for the industrial park of Geekvape electronic atomization technology and equipment. The industrial park covers an area of approximately 219, 000 square meters. Geekvape’s constant updating of the highest standards is sure to raise the bar for the whole industry.

According to reports, the Large Industrial Park would cover fundamental research, lean research, product design, intelligent manufacturing, CNAS laboratory, supply chain management, product release, and other links, with a total expenditure of 10 billion yuan (US$1.55 billion). It is a three-dimensional ecological intelligent manufacturing industrial park with a tens of billions of electronic atomization equipment industry chain. As a Chinese electronic atomization solutions provider, Geekvape already has great worldwide manufacturing and R & D skills at a very early stage, and this move will solidify and strengthen its industry-leading position.

Mr. Zhang Shengwei, the chairman of Geekvape, spoke on behalf of the company. He said, “Geekvape is a vigorous, innovative, and dynamic organization with a pragmatic spirit. Next, we will focus on planning and construction objectives and continue investing in the construction of the park. Utilizing first-rate design concepts, innovative planning, and meticulous project management, Geekvape’s planning and design will serve as a model for investment promotion in Zhuhai High-tech Zone.”

Geekvape’s continued commitment in technology innovation is exemplified through the Large Industrial Park. According to reports, the industrial park is expected to complete in 2023, with a monthly manufacturing capacity of 100 million units, serving billions of users around the world. By focusing on intelligent manufacturing and basic research and development, the entire electronic atomization sector will be transformed and upgraded to high-end intelligent manufacturing.

ecigintelligence purple data table on the most popular hardware brands in 2022

According to EcigIntelligence, a global vape reference website, Geekvape has won “the most popular hardware brand” in France, It topped the “Most Viewed Brands in Vape Shops” category with an 85 percent score.

ecigintelligence purple data table on the most popular hardware brands in 2022 and where they are from

With a perfect score of 100 percent, Geekvape’s website has secured the top rank among websites of user-recognized hardware brands.

Zhuhai High-Tech Zone grand opening ceremony for the new geekvape industrial park

Geekvape has once again demonstrated its excellent brand influence and market recognition through its diverse product layout, becoming the industry benchmark for the greatest VAPE brands in the world. With Geekvape’s expanding global market share, we believe this super factory is an advanced layout designed to meet the increasing demands of their expanding global market.

Simultaneously, we can observe that Geekvape is actively assumes social obligations, consistently improves product quality and services, leads the new trend of healthy living through technological innovation, and makes beneficial contributions to the healthy development of human society.

In the future, it is hoped that Geekvape will maximize its industry-leading advantages, give chances for exploring new technologies, new formats, and new models, and develop innovative growth momentum and development paths.

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