Yantai Xinhui Packing Co., Ltd., located in hi-tech industrial zone of Fushan district, Yantai, Shandong, covers an area of 26,000 square meters. The company was founded in 2003, with registered assets of RMB80 million (USD12 million), focusing on R&D, MFG, and sales of pharmaceutical packaging material.
The company’s main products include butyl rubber stopper, synthetic polyisoprene liner, aluminum plastic multi cap. All products have been issued “Registration Certificate” by China Food and Drug Administration.
By virtue of advanced production equipments, strict quality management, and continuous commitment to technical innovation, the company was repeatedly honored by local government, including “Reputable Star of Private Enterprise”, “Safe Production Advanced Unit”, “Trade Union Work Advanced Unit”, “Diploma of Outstanding Contribution to Chinese Pharmaceutical Packaging Cause”, “High-integrity and Model Enterprise of Yantai Biomedical Industry”, etc. The company has been ISO9001:2008 certified.
The subsidiary trading company, with name of “Yantai Xinhui Pharmaceutical Packaging Material Co., Ltd.”, was registered in 2017 with registered assets of RMB10 million (USD1.5 million). It cooperates closely with outstanding manufacturers of pharmaceutical glass vials and bottles, dedicating to provide an all-in-one resolution and comprehensive service for customers.
To meet the demand of expanding market, and research new products, the company is now constructing a new production base. The project covers an area of 181.7 acres, involving an investment of USD150 million, and will be finished by two phases. The first phase, which includes office building, research building, workshop 1, water treatment workshop, covering 82,000 square meters, is now under facility installation, and inner decoration.
Most advanced equipments are to be used, to achieve automatic production. From 2018, annual output for rubber stopper will increase to 8 billion pieces, revenue over USD200 million, offering over 500 employments.