Xinchang County Sets up the Fund to Revitalize Villages and Enrich Residents’ Lives Sanhua Invested 30 Million Yuan to Boost Common Prosperity

On May 7, Xinchang County held the founding meeting of the Fund to Revitalize Villages and Enrich Residents’ Lives, Sanhua’s Vice Chairman Zhang Yabo attended the meeting. Sanhua contributed 30 million yuan to the Fund, mainly for the transformation of low-benefit forests and the development of green electricity industry in the y. It would effectively enhance the whole village’s ability to increase income, change from a low-income village a high-income one, Xinchang’s example village that transforms “clear waters and green mountains” “mountains of gold and silver”. This was the vivid embodiment of Sanhua’s vision, “Develop smart low-carbon economy, eco-friendly environment for mankind”, and ed that Sanhua never forgot why it started. It was an act of giving back to the community what they gave to Sanhua and represented Sanhua’s sense of responsibility in boosting common prosperity for the local.

Sanhua has always based itself in Xinchang y, taking root in manufacturing industry, strengthening its main business, to progress from a small local enterprise to a large global group. Nowadays, Sanhua has 9 major manufacturing bases, more than 20 factories and 6 global R&D centers around the world. It has been contributing to local economic development by offering jobs and paying taxes. Sanhua boosts common prosperity in its high-quality development.