Cases
Promoted by InvestCHN, the delegation from Daval AG visited Jianshan New District (Huangwan Town) in Haining, Zhejiang Province.
Participants
InvestCHN: Chase Wu, Founder
Daval AG: Xiaofei Niu, General Manager of Daval China; Wenhua Tang, Engineering Director of Daval China.
Jianshan New District (Huangwan Town) of Haining City, Zhejiang Province: Yongbin Zhu, Deputy Director of the Administrative Committee; Huijing Liang, Diector of Investment Promotion Bureau
Location
Administrative Committee of Jianshan New District (Huangwan Town), Haining City, Zhejiang Province
Witnessed by InvestCHN, Daval signed the investment agreement with Jianshan New District (Huangwan Town) in Haining, Zhejiang Province.
Participants
InvestCHN：Chase Wu, Founder
Daval AG: Mario Spaventi, President of Daval; Xiaofei Niu, General Manager of Daval China; Wenhua Tang, Engineering Director of Daval China.
Jianshan New District (Huangwan Town) of Haining City, Zhejiang Province: Litao Wang, Secretary of CPC Committee and Director of the Administrative Committee; Maoqing Fang, Deputy Secretary of CPC Committee and Deputy Director of the Administrative Committee; Yongbin Zhu, Deputy Director of the Administrative Committee; Huijing Liang, Diector of Investment Promotion Bureau
Location
Administrative Committee of Jianshan New District (Huangwan Town), Haining City, Zhejiang Province
Foreign Investor: DAVAL AG
Registered Capital: USD 5 million
Total Investment: USD 10 million
Estimated Annual Turnover: RMB 200 million
Estimated Annual Tax Revenue: RMB 20 million
EDZ: Jianshan New District, Haining City, Zhejiang Province
Project Signing Date: July 23, 2021
Project Period: 20 Days
Company Founded: 1991
Company Background: Daval was established in 1991 and is headquartered in Piedmont, Italy. It focuses on providing functional natural ingredients for the bread and baking industry. It is a leader in the food ingredients industry. The output has exceeded 10,000 tons, with a market share of more than 45% in the European and American markets. The products are exported to more than 30 countries around the world, with a revenue of 360 million euros in 2020.
