The family of Cambodian Prime Minister Hun Sen Visited Peidi Group

Ms. Hun Senny, the sister of Cambodian Prime Minister Hun Sen, and her team visited Peidi Group for guidance. Peidi Group Chairman Chen Zhenbiao, Executive General Manager Zheng Xianglan, Deputy General Manager Tang Zhaobo, Vice President of Strategy Department Chen Niehan and other senior leaders of Peidi received the visiting guests.

At the exchange meeting between the two parties, Chen Niehan, Vice President of Strategy Department of Peidi, introduced the visiting guests from afar and warmly welcomed Hun Senny and his team to visit Peidi for inspection and exchange. At the meeting, Mr. Chen said that Peidi's industry-leading gross profit margin and cost control capabilities are inseparable from the global layout. Cambodia is an important cooperative country in the joint construction of the "Belt and Road". In order to optimize its business layout and enhance the company's market competitiveness, Peidi invested in Cambodia last year to establish a wholly-owned subsidiary, Cambodia Juewei Food Co., Ltd., aiming to take advantage of the local labor cost advantages and a relatively free trade environment to further supplement the production capacity of pet food and supplies.

It is expected that the production capacity of the Cambodian company will be initially put into production at the end of 2020. In addition to chewing gum, there are also advantageous food resources such as aquatic products and agricultural products, which will be conducive to further coordination of product innovation and existing industrial layout, and consolidate Peidi's comprehensive competitive advantage in the pet industry.

At the same time, Peidi is also willing to fully open its global factories to the Chinese market and reduce corporate costs through the configuration sharing of the park. The industrial park provides public resources such as factory buildings, factory areas, and local government public relations, so that partners can focus more on their own business, thereby building a healthy, harmonious and efficient ecological industrial park. At present, some interested partners are joining one after another.

Ms. Hun Seng NY fully affirmed and highly evaluated the development of Peidi Group, expressed surprise at the rapid development of China's pet industry, and was willing to deeply participate in the strategic development of China's pet industry. She also expressed her willingness to give more regional support to the industrial park project to help enterprises in the industrial park improve productivity and competitiveness and better participate in regional and global economic integration.

Finally, Mr. Chen thanked the Hun Sen family for their strong support for Peidi's development, and also strengthened Peidi's confidence in laying out industries in Cambodia. Peidialso welcomes more industry partners who identify with our ideas and share common values to join our global industrial park layout and share the long-term dividends brought by this project.