
Gangnan District, Guigang City, Guangxi: Building a Wood-Based Smart Home Industry Cluster Facing ASEAN
24.10.2025 13:06:07 CEST | GlobeNewswire by notified | Press release
GUIGANG, China, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Recently, at the platform of the 22nd China-ASEAN Expo, the Government of Gangnan District, Guigang City, Guangxi successfully signed a cooperation agreement with Shandong Jinyuan Wood Industry Co., Ltd. It is planned to construct a production line and supporting facilities with an annual output of 40 million impregnated papers and 12 million decorative panels, and introduce advanced production and testing equipment. After putting into production, the annual revenue is expected to reach approximately 680 million yuan.
A Media Snippet accompanying this announcement is available by clicking on this link.
This cooperation is an important achievement of Gangnan District in promoting the high-end development of the wood industry cluster. The district enjoys a superior geographical location, adjacent to the ASEAN economic circle, and serves as a strategic gateway to the Southeast Asian market. It is surrounded by abundant forest resources. In recent years, the district has actively seized major opportunities such as the construction of the Western Land-Sea Corridor and the Pinglu Canal, fully leveraging the logistics advantages of Guigang's inland river hub and the Xijiang Golden Waterway. It has continuously reduced comprehensive costs, expanded the ASEAN market, and promoted the transformation of the wood industry from "wood panel manufacturing" to high-end "customized home furnishing". At present, Gangnan District has established a complete industrial chain system ranging from veneer production to whole-house customization. In 2024, the output of man-made wood panels in the district exceeded 15 million cubic meters, accounting for approximately one-fourth of Guangxi's total output.
Since 2006, the number of wood industry enterprises in Gangnan District has grown from more than 30 to over 1,400, among which more than 300 are enterprises above the designated size. Gangnan Wood Industry Industrial Park has become one of the major production bases for the top ten well-known brand wood panels in China, with an annual output of more than 10 million cubic meters of high-quality furniture and home furnishing panels. Its products cover more than ten categories including furniture panels, wall panels, and wood flooring. The wood processing industry has become a traditional advantageous and characteristic industry in the region.
In terms of the intelligent transformation of the industry, Gangnan District has actively promoted the in-depth integration of artificial intelligence with traditional manufacturing industries, introducing AI technology in key links such as quality inspection and processing, which has effectively improved production efficiency and product quality. For example, Boyite Smart Home, an enterprise in the district, has built an AI full-chain empowerment model that integrates intelligent quality inspection and an efficient trading platform, comprehensively enhancing the operational efficiency of the industrial chain. From January to August this year, enterprises above the designated size in the wood industry of Gangnan District achieved a total output value of 13.52 billion yuan, a year-on-year increase of 8.8%; the cumulative sales volume reached 10.9 billion yuan, a year-on-year increase of 7.3%. From January to July, the sales volume of man-made wood panels reached 6.545 million cubic meters, a year-on-year increase of 17.8%.
Tao Jianquan, Secretary of the CPC Gangnan District Committee, stated that currently, the district is advancing the construction of the "one park with multiple zones" model at a high standard, focusing on building industrial carriers such as Jiangnan Industrial Park and Suwan New District with customized furniture as the core. It is committed to building a high-end green home furnishing industry demonstration cluster based in South China and radiating to ASEAN, steadily moving towards the goal of "using good panels to create good homes" and contributing to the regional economy and the upgrading of the modern forestry industry.
Source: The Government of Gangnan District, Guigang City
Contact person: Mr. Zeng, Tel: 86-10-63074558
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin