Kunshan Yongxin Glassware Co., Ltd. is a joint venture established in October 1993 by Hong Kong Huacheng Investment Co., Ltd. and Kunshan Xinzhen Village Glass Factory. It is situated at 222 Kuntai Road, Zhoushi Town, Kunshan City, Jiangsu Province and its main products include microwave oven trays and heat-resistance glassware.
In May 2001, HanGlas acquired a 100% interest of Kunshan Yongxin Glassware Co., Ltd. The registered capital was then increased to USD 10 million, the production lines expanded to nine from three, and the daily output of heat-resistance glassware increased to 100 ton from 18 ton. The company covers a land area of 50,531 square meters and the construction area of 26,123 square meters. It has become a leading manufacturer of heat-resistance glassware, accounting for approximately 60% of the total output of microwave ovens in the world. The company’s main products are supplied to renowned microwave manufacturers both at home and abroad, such as GLANZ, MIDEA, LG and SAMSUNG, etc. At the same time, the company has expanded its product lines and new types of heat-resistance glass for small household appliances, thus making the company’s annual sales revenue up to 220 million Renminbi Yuan.