YINGKOU, China, Oct. 16, 2014 /PRNewswire/ -- On 16 October, Infinitus Yingkou Production Base (hereinafter referred to as "the Base"), the second production base of LKK Health Products Group (LKKHPG) in the Chinese mainland was put into production, which symbolized that the strategic layout of "one South Base and one North Base" in the Chinese mainland officially formed.
Located in Yingkou Economic and Technical Development Zone, the Base, whose ground-breaking ceremony took place in July 2012, boasts a total investment of RMB1.5 billion for the initial phase. Until now, a series of modern facilities have been constructed and put into use, including the extraction workshop, production workshops for oral liquid, capsules and tablets, the technology center and the Yingkou campus of Infinitus University. The Base is mainly used to produce high-quality Chinese herbal health food, but also serves as a multifunctional experience platform on corporate culture and products with well-designed visiting routes.
Its production lines have been equipped with the world's leading technology in line with criteria like GMP, HACCP, ISO22000 and ISO9001 and characterized by low energy consumption and emission yet with high efficiency. The Product Inspection Lab has been designed to the criteria of China National Accreditation Service for Conformity Assessment (CNAS), and the inspection project numbers and criteria reach world standards.
LKKHPG is mainly engaged in high-quality Chinese herbal health products and services, and the establishment of the Base plays an important strategic role in the development of its north China market. Mr. Harry Yeung, Senior Vice President of LKKHPG, said, "North China is a strategic spot for Chinese herbal health product enterprises due to its rich resources of raw materials and mature consumers. The Base will not only satisfy the market supply of north China, but also foster the forming of the surrounding health industry chain and the prosperity of the health industry in the northeast region."
According to the statistics, the nutrition and healthcare food industry in the Chinese mainland has enjoyed a compound annual growth rate of over 20 percent in the past five years, far more than the GDP growth rate of the same period. In the U.S., percentage of the added value of health industry in GDP has exceeded 15 percent, similar to those in Canada and Japan. All these herald a golden period in the health industry around the world.
Mr. Yeung added, "Apart from enhancing services for the north market, the Yingkou Base also completes the corporate strategic layout through its synergy with the South Base." In south China, LKKHPG has already set up the Xinhui Production Base with accumulative investment of over RMB3 billion and the annual production capacity exceeds RMB10 billion. For the Yingkou Base, its production capacity is estimated to reach RMB18 billion in the fifth year when it is fully operated.
"As the Base officially goes into production, the Group's two bases will form highly efficient interaction in quite a few areas including R&D, production, logistics, service and IT. This can significantly improve the production capacity in order to better satisfy the ever-increasing needs of Chinese herbal health products and propel the healthy development of TCM industry around the world."
LKKHPG established the core brand of "Infinitus" in 1992. With "Si Li Ji Ren" as the core value, it is dedicated to "advocating the premium Chinese health regimen and nurturing healthier lives with balance, affluence, and harmony." It is a member of Lee Kum Kee Group, a Hong Kong-based ethnic enterprise with a history of over 120 years. Headquartered in Hong Kong, LKKHPG has four members, namely, Infinitus (China), Infinitus (Hong Kong), Infinitus (Taiwan) and Infinitus (Malaysia). With annual investment worth tens of millions of U.S. dollars in product R&D, LKKHPG possesses unique strengths in health food, skin care products, personal care products, household products and TCM R&D.
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SOURCE LKK Health Products Group