Chinese Printing Company to Expand Its Operations to Africa With Huge Investments

Xin Technology of Printing Co. Ltd, a printing service company based in the Hunan Province of central China, is extending its operations to Africa.

A total of 300 photocopiers have already been dispatched from Xin Printing’s Xinhua County headquarters and are on their way to Ghana.

The company’s first re-manufacturing operation center and photocopier plant will be introduced in the West African nation, offering services including graphics manufacturing, printing and sales of machinery, rentals and maintenance.

Zou Yuquan, assistant to the president of Xin Printing commenting on the recent developments said, “There is a huge demand for modern printing equipment and services in Africa.”

Luo Guoxiong, president of Xin Printing, said they are planning to construct operation centers and remanufacturing photocopier plants in more than 50 African nations.

Xin Printing recorded revenue of 150 million yuan (about 22 million US dollars) in 2018 with nearly 500 employees.

Companies from Xinhua County are a major force in the printing service industry in China. They occupy more than 70 percent of the industry’s market share with more than 60,000 printing stores across China.