Xinzhou Diversifies with 3D Printing Ventures
2016-02-02
Over-the-counter company Xinzhou Global (3171) is capitalizing on the opportunities in the 3D printing market by becoming the exclusive distributor for KINGSSEL 3D printers in Taiwan through a partnership with the professional manufacturer, Melock Industries.
Additionally, Xinzhou is optimistic about its operations in China this year, expecting to see improvements over last year.
Xinzhou primarily focuses on the Chinese market, offering a comprehensive range of products and technologies including various types of tapes, packaging materials, packaging machinery, and plastic film processing. With its recent expansion in China starting to bear fruit, both revenue and profitability are anticipated to rise. Combined with its proactive diversification strategy, the company's operational performance is expected to improve significantly this year.
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