In the drinking water industry, it can be said that those who get the water source win the world.
At the beginning of the year, Nongfu Spring will invest 1.1 billion yuan to build the second Sichuan production base project in Dujiangyan.
In fact, Nongfu Spring has started a rapid investment model last year. In November 2022, Nongfu Spring Zhangjiajie Sangzhi Production Base and supporting projects with an investment of 1.5 billion yuan were signed. In September last year, Nongfu Spring "searched for the source" of Huangshan again, spending 1.25 billion to build a new production base.
From September last year to January this year, the three projects invested by Nongfu Spring in just half a year will cost 3.85 billion yuan.
Founded in 1996, Nongfu Spring is China’s largest packaging water supplier, holding the number one spot for market share and is one of the top 20 beverage companies in China.
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