Geekvape to Build in Hong Kong-Macao Greater Bay Area

Geekvape will invest CNY10 billion ($1.55 billion) in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) with the support of the Shenzhen Municipal Government.

Over the next two years, the Chinese e-cigarette company plans to build a modern industrial park for intelligent manufacturing that will help customers address their needs for increased production capacity.

Geekvape says it will be the first vapor company to build modular intelligent manufacturing facilities. By leveraging a connected intelligent manufacturing platform, the Internet of Things technology and big data, Geekvape says it will further improve product quality and services.

“Geekvape has always been committed to helping improve human wellbeing and community development,” said Geekvape CEO Allen Yang in a statement.

“Benefiting from the ideal economic, geographical and business conditions in the GBA, in tandem with the momentum in the intelligent manufacturing sector, we will build on our presence in the area to expand globally. Geekvape will provide our customers across over 70 countries and regions with better products and services enhanced by intelligent manufacturing and innovative technologies.”