On June 15, Meizhou Saint-Gobain held the "Launching Ceremony of High-end Automotive Glass Production (Phase II) Project and Distributed Photovoltaic Power Generation Project", and both shareholders sent representatives to attend the ceremony. Speech
by Mr. Nicolas Suret, Chief Financial Officer
of Saint-Gobain Asia Pacific Meizhou Saint-Gobain Automotive Glass Co., Ltd. is a joint venture established by Saint-Gobain China Investment Co., Ltd. and Guangzhou Automobile Parts Co., Ltd. Since its establishment, its development can be regarded as a model in the industry. In the past two years, we have experienced unprecedented challenges, but through the hard work of all staff, Meizhou Saint-Gobain has achieved phased success!
Considering the current market situation and the production capacity of Phase I, in order to achieve further development, after full discussion by both shareholders, it is decided to invest in the second laminated pressing production line to produce windshield and laminated canopy glass with higher added value. At the same time as the launch of the second phase of the project, we will launch distributed photovoltaic power generation projects to increase the use of pure electricity, which will also improve the overall performance of Saint-Gobain, achieve zero carbon emissions and boost its ambition.
Starting the construction of the second phase of Saint Gobain in Meizhou is an important milestone for our common development in China.
The Meizhou team has successfully demonstrated in the first phase of the project that they can deliver on time and achieve financial goals. On the occasion of the commencement of the second phase, let us wish them more success in the construction of the second phase.
We believe that in line with the principle of environmental friendliness, Meizhou Saint-Gobain will complete the construction of this new production line with the highest safety and quality standards. Speech
by Mr. Zhang Hanying, Assistant General Manager
of GAC Parts Under the leadership of General Manager Liu Yang, the first phase project of Meizhou Saint-Gobain has received strong support from the government. Through the efforts of all employees of the company, our business performance has exceeded expectations.
With the explosive growth of the new energy vehicle market, our high-end automotive glass market penetration will become stronger and stronger. After the second phase of the project is put into operation, we firmly believe that Meizhou Saint-Gobain will exceed the expectations of both shareholders. Mr. Liu Yang, General Manager
of Meizhou Saint-Gobain, sent a message that
Meizhou Saint-Gobain started construction in June 2020 and put into operation in March 2021, achieving a remarkable performance of break-even in the first year and profit in the next year, and was nominated by EHS Reward. All of the above can not be separated from the support of both shareholders, the guidance of the leaders and the efforts of the whole staff. Thank you. The second phase of
our project is launched as scheduled, and the rooftop distributed photovoltaic project is launched at the same time, which is exciting. We hope that on this basis, the second phase can be completed quickly and smoothly. Before the project is carried out, three requirements are put forward:
first, safety first, to achieve "zero" safety accidents;
second, put into production on schedule, the first piece of glass will be off the production line on March 31 next year;
third, all personnel must go all out to support the second phase project.