The internationalization of Beixin Building Materials is ongoing, and the future is promising

On the basis of achieving "investment in the same year, profit in the same year" in the Tanzania production line of Beixin Building Materials, the construction of a new line with an annual output of 15 million square meters of paper faced gypsum board will be completed in 2021 and officially put into operation in 2022. After the new line was put into operation, the Tanzanian Beixin team conscientiously implemented the "increase, save, and reduce" requirements of Beixin Building Materials, solidly promoted the "one cent" cost saving plan, overcame adverse factors such as high sea freight rates and extended delivery cycles of imported face protection paper, reduced costs and increased efficiency, ensured production and sales, actively explored blank markets, and made every effort to increase market sales. From 2018 to 2022, the sales and profits of Tanzania Beixin achieved steady growth. As of the end of 2022, the compound annual net profit growth rate was 53.13%, and the economic benefits reached the domestic average level, becoming a model project for Beixin Building Materials' international green space project.

In the first half of 2023, the production, sales, and sales revenue of Beixin Building Materials in Tanzania have all met the "double increase" requirements of Beixin Building Materials, continuing to maintain a promising momentum of both production and sales.