China Nanwang Technology Co., Ltd.'s subsidiary factory in Central Java Province has been fully operational. The factory covers 12,000 square meters and mainly produces environmentally friendly paper bags, non-woven bags, label paper and other eco-friendly packaging products. The company previously held an opening ceremony, marking significant progress in its overseas expansion.
The factory is a key initiative in Nanwang Technology's globalization strategy, aiming to avoid tariff risks and regain the North American market. Through a "localized production + rapid response" model, the company can provide localized packaging solutions for overseas tea beverage brands such as Mixue Bingcheng, Ba Wang Cha Ji, and Heytea, as well as Western fast-food chains like McDonald's and KFC.
According to Chinese customs data, the packaging industry's export value in 2024 was $42.1 billion (up 5.3% year-on-year), but product unit prices continued to decline. By building a factory in Indonesia, Nanwang Technology has transitioned from export trade to global production, leveraging local procurement and production cost advantages to enhance competitiveness.
The company's chairman stated that the project is not only a commercial investment but also a bridge connecting China, Indonesia, and the world. The COO of the Indonesia factory emphasized a commitment to building a sustainable enterprise, empowering the local economy through green production, and achieving win-win outcomes for shareholders and the community.
China Nanwang Technology Co., Ltd.'s subsidiary factory in Central Java Province has been fully operational. The factory covers 12,000 square meters and mainly produces environmentally friendly paper bags, non-woven bags, label paper and other eco-friendly packaging products. The company previously held an opening ceremony, marking significant progress in its overseas expansion.
The factory is a key initiative in Nanwang Technology's globalization strategy, aiming to avoid tariff risks and regain the North American market. Through a "localized production + rapid response" model, the company can provide localized packaging solutions for overseas tea beverage brands such as Mixue Bingcheng, Ba Wang Cha Ji, and Heytea, as well as Western fast-food chains like McDonald's and KFC.
According to Chinese customs data, the packaging industry's export value in 2024 was $42.1 billion (up 5.3% year-on-year), but product unit prices continued to decline. By building a factory in Indonesia, Nanwang Technology has transitioned from export trade to global production, leveraging local procurement and production cost advantages to enhance competitiveness.
The company's chairman stated that the project is not only a commercial investment but also a bridge connecting China, Indonesia, and the world. The COO of the Indonesia factory emphasized a commitment to building a sustainable enterprise, empowering the local economy through green production, and achieving win-win outcomes for shareholders and the community.