Jiangsu Green Stone Optical Co., Ltd. Diversifies Its Business Portfolio by Venturing into the Leather Industry with the Acquisition of Guangzhou Dashang Leather Technology Co., Ltd.
Jiangsu Green Stone Optical Co., Ltd. has acquired Guangzhou Dashang Leather Technology Co., Ltd., a leading furniture leather factory in China, marking the company's foray into the leather industry.
Jiangsu Green Stone Optical Co., Ltd., founded in 2012, is a professional optical lens manufacturer with a strong combination of R&D, production, and sales. The company has successfully established itself as a major player in the optical industry, providing high-quality optical lenses to customers all over the world.
With the acquisition of Guangzhou Dashang Leather Technology Co., Ltd., Jiangsu Green Stone Optical Co., Ltd. is diversifying its business portfolio and expanding its offerings to customers. Guangzhou Dashang Leather Technology Co., Ltd. is located in Shingling Town, also known as "The Capital of Leather in China," and has been a leading producer of PVC artificial leather for furniture since its establishment in 2005.
The acquisition will allow Jiangsu Green Stone Optical Co., Ltd. to integrate its existing technology and resources with Guangzhou Dashang Leather Technology Co., Ltd.'s technology, production capability, and market channels. The combined strengths of the two companies will enable the new entity to provide high-quality, innovative, and environmentally friendly leather products to customers around the world.
Mr. Qin, the CEO of Jiangsu Green Stone Optical Co., Ltd., stated that the company's move into the leather industry is part of its long-term strategy to diversify its business portfolio and expand its offerings to customers. The acquisition will enable the company to leverage its strong R&D and production capabilities to develop new and innovative leather products that meet the evolving needs of its customers.
Guangzhou Dashang Leather Technology Co., Ltd. will continue to operate under its existing name and brand, and its management team will remain in place.
According to Mr. Lu, the CEO of Guangzhou Dashang Leather Technology Co., Ltd., "We are excited to join forces with Jiangsu Green Stone Optical Co., Ltd. and leverage our combined strengths to provide high-quality and innovative leather products to customers around the world. We share a commitment to quality, innovation, and environmentally friendly production practices, and we look forward to working together to achieve our shared goals."
The acquisition of Guangzhou Dashang Leather Technology Co., Ltd. is a significant strategic move for Jiangsu Green Stone Optical Co., Ltd. as it enables the company to expand its offerings to customers and diversify its business portfolio. The move also reflects the company's commitment to innovation, quality, and sustainability, and its vision to become a leading player in multiple markets.
With the acquisition, Jiangsu Green Stone Optical Co., Ltd. aims to build a strong presence in the leather industry and set new standards for quality, innovation, and sustainability. The new entity will be a formidable competitor in the market, providing customers with an extensive range of high-quality, innovative, and environmentally friendly leather products.