Major Expansion in Intelligent Manufacturing: Chinese e-cigarette brand Geekvape has announced a substantial investment, valued at several billion yuan, in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), supported by the Shenzhen Municipal Government. This move is part of Geekvape’s long-term growth strategy to enhance global production capacity and meet growing customer demands.
Building a State-of-the-Art Industrial Park
Focus on Intelligent Manufacturing: Over the next two years, Geekvape plans to construct a modern industrial park dedicated to intelligent manufacturing. This initiative aims to elevate the company to the forefront of high-end intelligent manufacturing and technological innovation in the vaping industry.
Geekvape’s Vision for a 10-Billion-Yuan E-cigarette Ecosystem
Exceeding Industry Standards: Since its inception in 2015, Geekvape has gained worldwide recognition for its quality products and services. With this investment, the company aims to create a 10-billion-yuan e-cigarette industry ecosystem, significantly surpassing the industry’s average output value, and strengthening its position in the global electronic vaping device market.
Innovating Traditional Manufacturing Processes
First in the Industry to Embrace Modular Intelligent Manufacturing: Geekvape is set to become the first company in the industry to construct modular intelligent manufacturing facilities, transforming traditional manufacturing processes. Utilizing a combination of connected intelligent manufacturing platforms, IoT technology, and big data, Geekvape will enhance product quality and services through intelligent management across various business domains.
Geekvape CEO’s Vision for Global Expansion
Allen Yang’s Commitment to Community Development: Geekvape CEO Allen Yang emphasizes the company’s dedication to improving human wellbeing and community development. Leveraging the GBA’s economic, geographical, and business advantages, Geekvape plans to expand its global reach, providing enhanced products and services to customers in over 70 countries and regions.
An Ecological Intelligent Manufacturing Industrial Park
A Comprehensive Industry Chain Investment: The proposed industrial park will encompass fundamental research, lean research, product design, intelligent manufacturing, and more, with a total expenditure of 10 billion yuan (US$1.55 billion). This three-dimensional ecological intelligent manufacturing industrial park will further cement Geekvape’s industry-leading position as a provider of electronic atomization solutions.
