SUN HING PRINT (01975) plans to invest 33.07 million Hong Kong dollars to build a factory in Indonesia.

date
21:53 13/02/2026
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GMT Eight
Emerging Printing (01975) announced that on February 13, 2026, PT SHP Tech (an indirectly wholly-owned subsidiary of the Company) entered into a construction agreement with the contractor PT Leke Bangun Indonesia for the construction of a new printing production facility on the site at a construction price of 717.37 billion Indonesian Rupiah (equivalent to approximately 33.07 million Hong Kong dollars).
SUN HING PRINT (01975) announced on February 13, 2026 that PT SHP Tech (an indirect wholly-owned subsidiary of the company) has entered into a construction agreement with contractor PT Leke Bangun Indonesia for the construction of a new printing production facility on the site at a building cost of 717.37 billion Indonesian Rupiah (approximately 33.07 million Hong Kong dollars). According to the terms of the construction agreement, the contractor is required to carry out all works under the agreement, including but not limited to the construction of a two-story factory building with a total floor area of approximately 16,000 square meters, a three-story dormitory, and related equipment rooms, procurement, construction, installation, testing, and commissioning, covering all related civil, architectural, mechanical, electrical, and plumbing engineering (projects) design, procurement, construction, installation, testing, commissioning, and handover (projects). The site is located at J1. Tanjung Anom Raya No2, Kendal Industrial Estate, Indonesia. The group is a comprehensive one-stop printing service provider, offering a variety of printing solutions. After the successful operation of its production facilities in China, the group has been planning to expand its production facilities to Indonesia to diversify its production geographical locations to adapt to the constantly changing market environment and economic trends in the region. The construction of the factory building on the previously purchased site is a specific implementation of this strategic measure. Indonesia is one of the largest economies in Southeast Asia, with a growing middle class and consumer demand, presenting a vibrant market. With a population of over 270 million, the country has huge market expansion potential. Through the construction of a printing production facility, the group can effectively benefit from the rapidly growing local consumer base, meet the local demand for quality printing services, expand its customer base, and strengthen its regional competitiveness. This not only diversifies the group's geographical layout but also enhances its competitiveness in regions with strong economic development potential.