Shandong Sanjin Glass Machinery Co., Ltd. Booth Number: G05
Website:www.sanjinglass.com
Company Introduction:
Founded in 1807, Bucher Industries AG is a Swiss group company with a history of 230 years, with nearly 15000 employees and an annual output value of approximately 30 billion RMB up to now. The Group consists of five divisions, i.e., Agricultural Equipment, Hydraulic Equipment, Urban Special Equipment, Glass Machinery and Special Beverage Machinery, and has set up a cluster of companies in China including Shandong Sanjin Glass Machinery Co., Ltd., Bucher Hydraulics (Wuxi) Co., Ltd., Bucher Hydraulics (Suzhou) Co., Ltd., Bucher unipektin AG, Bucher (Tianjin) Kuhn Agricultural Machinery Co., Ltd., Bucher Municipal (Wuhan) Co., Ltd., Jetter Automation Technology (Shanghai) Co., Ltd., CN Jetter Automation Technology (Shanghai) Co., Ltd., and Bucher (China) Investment Co., Ltd.
Bucher Emhart Glass is the world-leading supplier of glass container equipment, and Shandong Sanjin is the manufacturer of glass container equipment renowned in China and even in the Asia-Pacific region, with a market share of more than 60% in China. Shandong Sanjin Glass Machinery Co., Ltd. (formerly Shandong Light Industry Machinery Factory) successfully established a joint venture with Emhart Glass through equity cooperation on July 20th, 2011, and Bucher Emhart Glass invested RMB 400 million through equity merger and acquisition and subscription for capital increase, realizing the win-win combination between the global glass container leader and the domestic leading enterprise; on April 28th, 2018, Bucher Emhart further invested 232 million RMB to merge Shandong Sanjin Glass Machinery Co., Ltd. into the Group and make it a wholly foreign-owned enterprise, with a total investment of 27.39 million US dollars, a registered capital of 10.96 million US dollars, a contractual foreign capital of 99.69 million US dollars (established by premium merger and acquisition), and an accumulated actual use of foreign capital amounting to 99.61 million US dollars.
As a Swiss-listed sci-tech company, Bucher Industries AG, by virtue of continuous innovative project investments and clear-cut strategic thinking, makes constant contributions to social and ecological development. As of now, Bucher Industries AG has invested 350 million Yuan in Shandong Sanjin Glass Machinery Co., Ltd. for its digital technology transformation and green high-end equipment development. By 2022, Shandong Sanjin Company has continuously overcome the adverse factors such as exchange rate fluctuations, rising material costs, substantial increases in ocean freight and difficulties in overseas services caused by the pandemic, and its economic indicators have hit record highs for five years in a row, achieving compound growth in business income, profits and taxes, and per capita output value. In 2022, Sanjin’s sales revenue reached 610 million Yuan, an increase of 7% over the previous year, and the profits and taxes were increased by 30%. In 2023, the sales revenue is expected to reach 700 million Yuan, and the profits and taxes to reach 200 million Yuan.
In the future, Swiss Bucher Industries AG will continuously tap the potential and bolster Shandong Sanjin Glass Machinery Co., Ltd. in carrying out digital transformation and low-carbon green development, so as to continue to contribute to the local economic development and social stability of Zibo.
Products:
Glass bottle and can machinery manufacturing